Mongabay: Five large corporations have launched an effort to boost demand for carbon credits from "high quality" Reducing Emissions from Deforestation and Degradation (REDD+) projects in tropical countries. Insurance giant Allianz, French retail conglomerate PPR, energy companies Eneco and Entega, and South African bank Nedbank have pledged to buy millions of dollars in emissions reductions credits generated by REDD+ projects that have been certified under both the Verified Carbon Standard (VCS) and the...
URL: http://news.mongabay.com/2012/0615-rio20-code-redd.html
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