REDDy - Set - Grow

Leading financial institutions upped the ante on their future role in mitigating climate change as they called for more effective forest-carbon regulations during a United Nations report launch in London, just months ahead of an international climate change meeting to be held in South Africa. Banking, insurance and investment representatives at the event welcomed the findings of the new study, REDDy - Set - Grow: Opportunities and roles of financial institutions in forest-carbon markets, which stresses that the financial sector must step up its engagement in the emerging green market, and makes the case for its improved regulation to facilitate this.