Look to the Forests: How Performance Payments Can Slow Climate Change. Center for Global Development. October 14, 2015.
Protecting tropical forests is good for the global climate and good for development in forested countries. In the absence of robust carbon markets, performance-based funding to reduce emissions from deforestation is a key way donors can provide the incentives and commitment tropical countries need to curtail forest loss. Tropical forests are undervalued assets in the race to avert catastrophic climate change. They deliver a global, and very public, benefit by capturing and storing atmospheric carbon. [Note: contains copyrighted material].
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