I think we would all agree that it is a disappointment that the US Senate didn't take up a climate bill that included a cap and trade system to finally put a price on carbon and begin reducing emissions.
A recent article on the BBC website decried the treatment of local populations in the development of REDD (Reducing Emissions from Deforestation and Degradation) projects.
The increasing pressures on natural resources in Panama, in particular forests resources, is the reason an incentive-based approach to reducing emissions from deforestation and forest degradation (REDD – as considered under the Bali Action Plan) is urgently needed.
