REDD+ Finance should be Public, include “Non-carbon” Benefits, says South
(cross-posted from Third World Network Bangkok Climate News Update No. 4) Bangkok, 31 August (Hilary Chiew) – Developing countries continue to stress that forest-related activities under the UN Framework Convention on Climate Change (UNFCCC) must primarily be publicly funded, with many expressing doubts over market-based approaches. A significant number of developing countries also called for non-carbon benefits of forests to be included for financing under the proposed forest-related emission reduction mechanism and a departure from the emphasis placed on the carbon …