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Developing countries to gain from carbon-trading fund

Nature volume 420, page 4 (2002)Cite this article

Rural communities in the world's poorest nations will be able to earn income by using their forests and agricultural land to sequester carbon dioxide, under a plan announced this week by the World Bank.

The BioCarbon Fund, launched on 5 November, will allow companies and public-sector organizations in the developed world to offset some of their carbon emissions by investing in projects in the developing world, such as tree-planting schemes, which absorb carbon from the atmosphere. Investors will earn credits that can be used to meet regulatory requirements or voluntary pledges to cut greenhouse-gas emissions.

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  1. Natasha McDowell
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McDowell, N. Developing countries to gain from carbon-trading fund. Nature 420, 4 (2002). https://doi.org/10.1038/420004a

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