Financial Times FT.com

Climate change

Kyoto protocol ‘promotes deforestation’

By Reuters, 14 August 2007, 00:00:17GMT

The current carbon market actually encourages cutting down some of the world’s biggest forests, which would unleash tonnes of climate-warming carbon into the atmosphere, a new study reported on Monday.

Under the Kyoto Protocol aimed at stemming climate change, there is no profitable reason for the 10 countries and one French territory with 20 percent of Earth’s intact tropical forest to maintain this resource, according to a study in the journal Public Library of Science Biology.

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