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Forest Carbon Won’t Be Tradable Commodity, Climate Expert Says

Emissions reductions created through forest protection never will become a tradable commodity, and private investors are beginning to realize that, a consultant for the Third World Network said.

Forest carbon can’t be measured as accurately as CO2 discharges from industrial projects, Kate Dooley, who advises the environmental group on climate change issues, said today in Bonn. Under the United Nations’ Reduced Emissions from Deforestation and Forest Degradation program, or REDD, developing nations protect and manage their forests in exchange for funding from developed states to support their efforts.