Financial Express
Posted online: Friday , March 07, 2008 at 2247 hrs IST
New Delhi, Mar 7 India on Friday said developed nations should provide resources to maintain the existing forest cover, keeping in mind the fact that deforestation is taking place at an alarming rate of 13 million hectares per year globally.
In the absence of financial incentives, Union environment minister Namo Narain Meena said, there was every likelihood of developing nations getting swayed by more profitable options of land use, thus unleashing huge amounts of carbon stocked in the forests.
The minister was speaking after inaugurating a two-day international workshop on “developing methodology for assessment of enhancement of forest carbon stocks due to conservation”. “The conservation in India and other countries has been achieved, and is being sustained at huge costs,” he said. Enlisting various steps taken by India to increase the productivity of forests, the minister said so far more than one hundred thousand joint forest management (JFM) committees have covered about 22 million hectares of forest area, with about 22 million participating members.
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