Word: redd
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Dates: during 2000-2009
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...equally passionate critics. Conservationists agree that our remaining forests must be saved, and quickly. Where they disagree is how REDD is funded. Many are fundamentally opposed to a carbon-offset system that only safeguards forests by allowing rich nations to pollute. "We need to find ways to stop burning fossil fuels, not create massive new loopholes to allow the pollution to continue," says Jakarta-based Chris Lang, who runs the website REDD-Monitor. "Carbon-trading does not reduce emissions." Lang believes funding REDD schemes through offsets or other market-based mechanisms would be a "disaster." Still, if all goes...
...that protecting forests "is one of the easiest and cheapest ways to take a big bite out of the apple when it comes to emissions," says Greenpeace spokesman Daniel Kessler. Ulu Masen will be one of the first forests to be protected under a pioneering U.N. program called REDD - Reducing Emissions from Deforestation and Forest Degradation in Developing Countries - that offers a powerful financial incentive to keep forests intact. Here's how it works. Preserve Ulu Masen, and over the next 30 years an estimated 100 million tons of carbon are prevented from entering the earth's atmosphere - the equivalent...
...With schemes now proliferating across Indonesia and the globe, the U.N. estimates that REDD revenues could pump up to $30 billion a year into the developing world, promising much-needed revenue at a time when rich nations still haggle over how much money to give poorer countries to help them adapt to climate change. REDD will likely be part of any global climate pact negotiated in Copenhagen. "Everyone has got a lot of hope in REDD," says Joe Heffernan, an expert in environmental markets...
...report, with Sumatra, Kalimantan and Papua the three worst-affected provinces. Thanks largely to the global appetite for palm oil, which is found in everything from chocolate bars to biofuels, the natural habitat of endangered animals such as the orangutan and Borneo rhino shrinks further each year. REDD could save them, said a recent study of Kalimantan by researchers from the University of Queensland in Australia. They believe that the revenues generated by preserving a forest could not only compete with the profits of cutting it down for palm oil but also fund biodiversity projects to put the brakes...
...historic peace deal with the Indonesian government in 2005, in the wake of the devastating Indian Ocean tsunami, which claimed about 160,000 lives in Aceh alone. Today, Aceh's governor is a tsunami survivor and former GAM rebel called Irwandi Yusuf, whose background seems tailor-made for REDD: he was trained as a veterinarian and once worked for FFI. "He's one of the few Indonesian politicians who gets it," says Linkie. "He's thinking way beyond his five-year electoral term." In June 2007 Irwandi banned commercial logging in his province, "an unprecedented environmental act" for Indonesia, says...