How a new forestry protocol is bridging the divide between business and environmentalism.

 By Lee Barken, IT practice leader at Haskell & White, LLP

Who says money doesn’t grow on trees? At the third-annual Forest Day event, held during the Cop15 Climate Summit in Copenhagen, attendees were a buzz about going green and making green, all with a new forestry protocol called REDD.

Short for “Reducing Emissions from Deforestation and Degradation,” REDD aims to make a tree worth more standing up then cut down. It accomplishes this by monetizing the carbon sequestration benefits of trees in the form of carbon credits. Or, to put it another way: REDD is a mechanism to grow (more…)