SINGAPORE (Reuters) – Indonesia has applied to join a World Bank program that supports developing nations’ efforts to fight deforestation and help them earn cash through the sale of tradable carbon credits.
The Bank’s $350 million Forest Carbon Partnership Facility aims to support developing states design and create projects under a U.N.-backed scheme that could eventually earn poorer nations billions of dollars a year by protecting their forests.
Continue Reading on
on Mar 5th, 2009
@ 8:48 pm:
[…] Indonesia applies for World Bank forest CO2 scheme – Carbon … By Krithi Sourced From Reuters | SINGAPORE (Reuters) – Indonesia has applied to join a World Bank program that supports developing nations’ efforts to fight. […]