What is the novel-carbon trading scheme?



  1. 0 Votes

    The novel-carbon trading scheme is a new approach to carbon payment.  It states that wealthy countries should incorporate biodiversity values into their carbon-payment systems.

  2. 0 Votes

    It’s a program designed to stop large scale extinctions. Carbon-producing countries pay tropical countries with a large amount of forest area some money to prevent them from destroying all of their rainforests. This allows a larger amount of the world’s biodiversity to remain. It also prevents global warming, since deforestation of tropical forests cause about 20% of the Earth’s carbon emissions.

    This idea targets larger areas of forests instead of forests that have a higher amount of the world’s endangered and threatened species. The idea is to slow biodiversity loss in large forested ares instead of spending millions of dolllars to save endangered environments.

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