Burning of forests by farmers clearing land accounts for 20% of world greenhouse-gas emissions, Reuters reported.
"Even with quite conservative assumptions, you can generate substantial amounts of money and emissions reductions," study
co-author Johannes Ebeling, from Oxford-based EcoSecurities, was quoted as saying.
In one scenario, the study said a 10% decline in the rate of tropical forest loss could generate annual carbon finance for developing
nations of between US$2.4 to US$14.30 billion.
The study, published in the British journal Philosophical Transactions of the Royal Society, said there were big challenges in designing a
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