Rich potential for Caribbean carbon credits
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Latin America and the Caribbean are the regions with the highest projected share of forestry carbon credits under the Kyoto Clean Development Mechanism, reports ClimateChangeCorp.com.
The climate change news site cited a report by the Tropical Agricultural Research and Higher Education Center in Costa Rica which concluded that the region possessed over half, 56 per cent, of all estimated credits.
Credits are earned based on environmentally sensitive actions that reduce carbon emissions, which contribute to global climate change.
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