United States and Brazil Sign MOU Limiting Deforestation
Secretary of State Hillary Clinton signed a memorandum of understanding (MOU) with Brazil last Wednesday to work together to reduce deforestation as part of an effort to slow climate change.
Mongabay.com reports that Under the MOU, Brazil and the United States will establish a Climate Change Policy Dialogue, which will meet at least once a year to work towards developing and implementing pragmatic solutions and policies for reducing emissions, including carbon markets; coordinating “joint efforts on research, development, deployment and dissemination of technologies for combating climate change;” and capacity-building in sectors related to climate change.
The MOU comes as talks on REDD, a proposed climate change mitigation mechanism that would pay tropical countries for reducing emissions from deforestation and degradation, move forward despite the lack of a formal climate treaty. The agreement marks a significant departure away from deadlock over how to establish a scheme to reduce emissions from deforestation.
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