REDD: "A Plan to Save Rainforests Gains International Momentum"

"A plan to save the world's rainforests looks like it could carry the day  at the international climate talks in Copenhagen in December.

"While the United States and China continue to hedge on their broader commitments to reduce greenhouse gas emissions, negotiators have made steady progress on the plan, known by its acronym REDD, which stands for Reducing Emissions from Deforestation and Forest Degradation.

The underlying concept seems simple at first glance. Industrialized countries pay to lock carbon into developing nations' forests. The money, if directed as intended, would provide a long-absent motive for local landowners and indigenous populations to abstain from clear-cutting their trees to create ranches, plantations and farms. Conservationists hope it will save the rainforests where decades of other efforts have fallen short."

Jessica Leber reports for ClimateWire September 24, 2009.