Word: reforest
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Dates: during 2000-2009
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...rich countries pay to keep rain forests standing and receive carbon credits in return. Currently, the international carbon cap-and-trade system organized by the Kyoto Protocol only recognizes industrial projects - such as a rich country paying to improve energy efficiency at a power plant - or programs to actively reforest land already cleared. It doesn't recognize avoided deforestation - also known by the acronym REDD, for Reduced Emissions from Deforestation and Degradation. With timber and biofuel plantations so valuable, that means "rain forests are worth more dead than alive," says Andrew Mitchell, director of the Global Canopy Programme, an alliance...