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Greenpeace calls for deforestation fund

Source:  Copyright 2008, Agence France-Presse
Date:  May 20, 2008
Original URL: Status ONLINE

Greenpeace urged industrialised nations Tuesday to set up an international fund to fight deforestation but warned it would require at least 30 billion dollars a year to work.

The plan would see rich nations give poorer ones money to preserve their natural forests instead of felling trees to create farmland, Greenpeace's Roman Czebiniac told an 11-day UN conference on biodiversity in Bonn.

He said the fund would need 20 to 27 billion euros (31 to 47 billion dollars) a year to halt the rapid destruction of forests, but billed it as the only plan on the table "to protect both biodiversity and the climate."

"At the moment, the rainforests are disappearing at a rate of the equivalent of a football field every two seconds," he warned.

Put differently, deforestation accounts for 20 per cent of the greenhouse effect blamed for global warming.

Greenpeace asked that its proposal -- ...

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