Green | November 06, 2008 | 0 comments

Prince Charles and His Vision for the World’s Rainforests

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Prince Charles has an idea: He thinks that rich countries should pay annual “bills” to stop destruction of the rainforest. This would eventually create a market for “rainforest bonds” that would help with the protection of the natural habitat.

Another idea: Poor nations should be paid NOT to cut down trees as a way to reduce their pollution.

The Prince says, “These emergency funds could be provided directly by developed world Governments, perhaps from expanded development aid budgets, from surcharges on activities which cause climate change or from the auction of carbon market emission allowances.”

But some environmentalists think this will cause corruption in developing countries.

FULL ARTICLE:
http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/11/03/eacharles103.xml
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