Investors and NGOs Call for Boost to REDD Financing

18 November 2013

A coalition of business and environmental groups have joined forces to call on world leaders to use the Warsaw Climate Summit to help boost finance for a scheme designed to ensure rich nations pay to help reduce emissions from deforestation.

A declaration, signed by groups including the Climate Markets and Investors Association, the Global Canopy Programme and the International Emissions Trading Association (IETA), urged governments to advance work on improving the Reducing Emissions from Deforestation and Degradation (REDD) mechanism, which aims to allow developing countries to generate revenue from protecting forests.

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