In Bali, new incentive for developing nations to curb emissions

The bottom line: Developing countries could pocket from $2.3 billion to $23 billion a year from avoiding deforestation under REDD, according to Frances Seymour, director general of the Center for International Forestry Research (CIFOR) in Jakarta, Indonesia. The range reflects different assumptions about the price of carbon on international markets and on the expanse of forest involved. And as talks on crafting a framework for negotiating a successor to the Kyoto Protocol wind down here, REDD looks as though it will be incorporated into that framework, analysts here say.