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Saving the Rainforests in Indonesia Video
Contributed by J. R. Ransom
Laura Kyle
Saving the Rainforests in Indonesia Video (3min 15sec) - Indonesia is leading a group of around 20 nations calling for financial compensation if they act to save their rainforests. The alliance, known as the Forestry 8, will be formally announced on Monday, during talks at the UN on climate change. The rainforest nations want incentives not to cut down their forests in the first place. Laura Kyle reports.
"The value of a forest is far greater once it has been felled than when it's left standing. Now rainforest nations say they want to change that, but for a price. The multi-billion dollar package that the F8 countries are expected to put up for discussion involves gain carbon credits in exchange for protecting their rainforests. These credits could be sold to other countries or companies which exceed their emissions limits..."
Video,
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