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application/pdfMaking Voluntary Carbon Markets Work Better for the Poor: The case of forestry offsets - ODI Forestry Briefings 11 - Briefing papersLeo Peskett, Cecilia Luttrell and David BrownForestry Briefing: The volume of private finance flowing through the voluntary carbon market has increased significantly over recent years, with an eight-fold rise from around five million to 43 million dollars between 2004 and 2005 alone (Capoor and Ambrosi 2006). A significant proportion of these funds is destined for the developing world. What is likely to happen to all this money? Will it be used to the benefit of the developing world, providing new opportunities for growth and poverty reduction, or will it be used to satisfy commercial and industrial interests in the north, to the detriment of southern interests?Forestry Briefing: The volume of private finance flowing through the voluntary carbon market has increased significantly over recent years, with an eight-fold rise from around five million to 43 million dollars between 2004 and 2005 alone (Capoor and Ambrosi 2006). A significant proportion of these funds is destined for the developing world. What is likely to happen to all this money? Will it be used to the benefit of the developing world, providing new opportunities for growth and poverty reduction, or will it be used to satisfy commercial and industrial interests in the north, to the detriment of southern interests?
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2013-04-16T17:19:30+01:002006-11-22T11:34:11ZAdobe InDesign CS (3.0.1)
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