Virgin Amazon rain forest surrounds patches of deforested land in this aerial photo taken over Mato Grosso state in western Brazil, February 25, 2008.
The world’s growing carbon market, worth more than $60 billion a year, lets firms or nations buy and sell greenhouse gas emissions offsets to meet both voluntary and mandatory targets.
But demand is growing for projects that preserve or restore forests and their biodiversity and save rivers and water flows.
In return for protecting such environmental assets, developers sell credits, potentially a major growth area for emissions trading markets looking to sell new products.
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