Over the past year we've seen an abundance of funding pledges for reducing greenhouse gas emissions from deforestation and forest degradation (REDD), but there's been little in the way of coordination. That's why three of the largest funds supporting REDD met last weekend to compare notes. Looking ahead to Cancún, get an inside look at a meeting that emphasized the future of REDD+

Despite the lack of a global agreement on how to slow climate change, BNP Paribas's Commodity Derivatives business has signed a deal with Wildlife Works Carbon LLC in which BNP Paribas will provide up to US$50 million to save trees and reduce greenhouse emissions from deforestation and forest degradation (REDD).

What benefits would U.S. forest carbon participants derive from the adaptation and implementation of finance and insurance standards? In addition,  what is being discussed with regards to compliance standards in Washington, DC?  A recent webinar hosted by 2degrees explores these issues more thoroughly than any forum to date.

Common sense would seem to dictate that land generating the greatest environmental good should also command the highest price in the ecosystem marketplace, and that one way to do that might be to let people stack different ecosystem values on the same patch of land.  In the real world, however, such schemes are proving difficult to construct – as mitigation bankers are learning at this week's National Mitigation & Ecosystem Banking Conference in Austin, Texas.