Proposed forest protection deal hinges on transparency and safeguards
A proposed deal to protect the world's forests will only work if it is based on financial transparency, accountability and civil society participation, warned Global Witness today. A focal point of the international climate talks currently underway in Cancun, the scheme involves payments to compensate developing countries for preserving their forests. But unless its design and implementation reflect the interests of all stakeholders and include proper safeguards against corruption, there is no guarantee it will achieve its objectives to halt deforestation and reduce forest degradation.