Do More With Reuters
Partner Services

Saving rainforests a thorny issue at Bali talks

Wed Dec 5, 2007 12:14pm IST
 
Email | Print | | Single Page
[-] Text [+]

By David Fogarty

NUSA DUA, Indonesia (Reuters) - Protecting tropical rainforests, which soak up vast amounts of greenhouse gases, is proving a real headache at U.N.-led climate talks in Bali, where delegates are trying to sort out a pay-and-preserve scheme.

Scientists say deforestation in the tropics is responsible for about 20 percent of all man-made carbon dioxide emissions blamed for global warming. Halting the destruction, or at least curbing the clearing and burning of remaining tropical forests, is widely regarded as a crucial part of any new climate pact.

Under a scheme called Reduced Emissions from Deforestation in Developing Countries (REDD), developing nations could earn billions of dollars through carbon trading by simply leaving forests such as in the Amazon and Congo basins.

"I do think we will see deforestation in the agenda for the future (negotiations). The focus here is pilot projects and more methodological work," said Yvo de Boer, head of the U.N. Climate Change Secretariat.

"It's clearly one of the issues that a number of countries want to introduce," he told Reuters.

Curbing deforestation has become a top issue for the thousands of delegates at Bali because the Kyoto Protocol does not include schemes that reward developing nations to preserve tropical rainforests.

The United Nations hopes the two-week conference will agree to include a REDD scheme in negotiations to work out a broader climate pact by 2009 to replace or expand the Kyoto Protocol, whose first phase ends in 2012.

The problem, though, is finding a scheme that fits all developing nations, said Hans Verolme of conservation group WWF.  Continued...

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

People light candles at a vigil to commemorate the victims of last year's militant attacks in Mumbai, in front of the India Gate in New Delhi November 26, 2009. Mumbai held tearful memorials and police staged a show of strength on Thursday as India's financial hub marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. REUTERS/Rupak De Chowdhuri
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan.  Slideshow | Full Coverage 

Photo