Saturday, March 24, 2007

World must pay poorer nations to keep forests:

By Ed Davies



JAKARTA (Reuters) - A major U.N. conference on global warming in December should target setting up a system to pay developing nations such as Indonesia and Brazil to keep their forests, an influential climate change expert said on Friday.



In the short term, up to $15 billion extra a year should be set aside by richer nations to preserve forests, which help soak up carbon dioxide from the atmosphere, Nicholas Stern, author of an acclaimed report published last year, told a forum.



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