Anovel economic model for reducing deforestation is being proposed by the Coalition for Rainforest Nations at the current United Nations climate change conference in Montreal. A new player in the climate change game, the coalition is proposing economic incentives for conserving tropical forests while contributing to climate stability.

Deforestation is a big source of carbon dioxide emissions and is consequently a key driver of climate change. Formed earlier this year on the suggestion of Papua New Guinea, the coalition now includes 10 nations representing Africa, Latin America and the Pacific.