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Brazil proposes fund to stem rainforest cutting
Published in Saudi Press Agency on 31 - 08 - 2006


Brazil proposed on
Thursday a fund to compensate developing countries that slow
the destruction of their rainforests, a move that could help
lower emissions of gases blamed for rising world temperatures, Reuters reported.
The Brazilian initiative, presented at a planning meeting
for upcoming global climate talks in Rome, calls for creating a
fund that countries could tap into if they could prove they had
brought deforestation below rates of the 1990s.
"Once again Brazil is acting as a protagonist ... in
presenting an innovative proposal," Environment Minister Marina
Silva told Reuters at a conference in Sao Paulo.
Disagreements over how to address deforestation have hurt
global efforts to cap emissions of greenhouse gases like carbon
dioxide and create markets for trading in carbon and credits.
Most emissions come from burning oil and coal, but
deforestation is responsible for about 20 percent because trees
store carbon dioxide when they grow and release it into the
atmosphere when they die.
Global agreements allow credit for planting trees where
forests have already been cleared but offer no incentives for
preventing cutting in areas like Brazil's Amazon, home to
nearly a third of all species and a quarter of the earth's
fresh water.
Critics say developing countries want cash for preserving
their forests.
Brazil has long objected to granting tradable emission
credits for preserving forests because heavy oil and coal users
like the United States might buy up credits instead of reducing
their own emissions.
Silva said Brazil's proposal was a draft but it should
serve as the basis for discussion at the next round of global
climate talks in November.
She also said Brazil is working with Papua New Guinea and
Costa Rica, who backed an earlier proposal to grant tradable
credits to countries who reduce deforestation rates.
Brazil slowed deforestation by 30 percent last year and
will do the same or better this year, Silva said. Deforestation
in Brazil hit its highest level ever in 2004.
Paulo Mountinho of the Brazilian environmental studies
institute IPAM said the proposal was well received in Rome.
"People cut down trees because they're not worth anything
standing," Mountinho said by telephone from Rome. "Addressing
deforestation is fundamental because it's going to take 40
years to change global energy use."


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