Developing countries would be more likely to participate in any new international climate change agreement if they could earn and trade carbon credits from avoided deforestation, also known as 'REDD'.

Climate change, initially viewed as primarily an environmental concern, has become an extremely important and complex political, economic and
development issue. There is growing political impetus to agree to a new and more rigorous international legal framework for climate change
mitigation to replace, or at least extend, the current arrangements under the Kyoto Protocol.