The concept of carbon trading was to channel private sector investment towards the most vulnerable sector, forests. Through this, the goal was to provide economic incentives to forest conservation communities and landowners, and to make companies responsible for their greenhouse gas emissions. The basic argument for those working in the field of climate change and biodiversity remains equally relevant today. The world's forests provide essential ecological services to the planet, absorbing and storing large amounts of carbon dioxide. However, forests are under intense pressure and are in crisis. And long-term economic incentives for their conservation are indispensable. In fact, the...