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