REDD Letter Day for Forests

September 24, 2008 by timbercommunity

Tropical forested countries are stepping up the fight to combat climate change via a pioneering new initiative called the UN-REDD Programme. UN Secretary-General Ban Ki-moon said: ?The battle against climate change cannot be won without the world?s forests?this is now clear.? UN-REDD aims at tipping the economic balance in favour of sustainable management of forests so that their formidable economic, environmental and social goods and services benefit countries, communities and forest users while also contributing to important reductions in greenhouse gas emissions. The Programme will be carried out by three United Nations agencies. The initial phase is financed by the Government of Norway in the amount of $35 million.