Climate Change Carbon Markets - What's In It for the Poor?

There was broad agreement in Poznan that if substantial carbon credits for conservation of forests were available, then it would be more profitable or beneficial to conserve rather than convert forests into lumber or clear for agriculture, says Frances Seymour, director general of the Center for International Forestry Research (CIFOR). "Forests are crucial for fighting and adapting to climate change," Seymour said at a press conference in Poznan. CIFOR, among many others, favours a pay-to-preserve forests scheme known as Reducing Emissions from Deforestation and Degradation (REDD).