MARK ROSE, chief executive of pioneering international conservation organisation Fauna & Flora International, answers the critics of plans for the Reduced Emissions from Deforestation and Degradation mechanism and explains why it must be given a chance to work if we are to avert catastrophic climate change.

World leaders meet in Copenhagen in December to hammer out a successor to the Kyoto Protocol.

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It’s the hottest acronym going in the world of climate change. The UN-backed Reducing Emissions from Deforestation and Forest Degradation is being touted as both the saviour of rain forests and a new natural resource commodity that will bring untold riches to the developing world.

The concept, also known as REDD, is both simple and ingenious: Countries can sell credits on the amount of carbon their forests and rain forests soak up to industrialized nations that need to reduce emissions, thereby protecting their environment, stopping global warming and ensuring a sustainable future income without having to chop down the trees.

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By Dewa Gumay

PROGRESS of environmental issues on this decade, happening progress very fast, beginning from environmental degradation, conservation, and the new issue is scheme of Payment of Environmental Services (PES).

Actually, basis for PES theory was arise fifty years a go from a Britain economist at the Chicago University, Ronald Harry Coase in its article The Problem of Social Cost on 1960. On its article, Coase accept Economic Nobel on 1991. According to Coase, “in as much as environment loss gets monetary character therefore attained optimal solution will same, despite on whom property rights is given”.

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