Carbon prospecting: NUS study finds business opportunity in protecting tropical forests facing deforestation

The natural ability of forests, such as the Amazon, to soak up CO2, is opening up new business opportunities.
The natural ability of forests, such as the Amazon, to soak up CO2, is opening up new business opportunities.PHOTO: NUS CENTRE FOR NATURE-BASED CLIMATE SOLUTIONS

SINGAPORE - The 19th century brought on the Gold Rush. Now, amid growing global consciousness of the need to tackle climate change, the commodity in vogue is carbon.

A new study by researchers in Singapore has found that safeguarding the planet's natural "carbon sponges" can be big business.

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