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The initiative would give incentives to developing countries to halt deforestation, develop low-carbon energy sources and prepare for the effects of a warmer climate.
He suggested that international climate agreements provide more incentives to developing countries in Southeast Asia so that people there reduce their use of fire to clear land.
Such credits would also provide incentives to developing countries to consider binding commitments under any future international regime.This approach would give a much needed boost to America's re-engagement on the issue.
It was the city that George Bush visited last year to unveil a package of incentives to developing nations designed to spur the creation of a cartel of biofuel producers soon dubbed the "Opec for ethanol".
REDD introduces a new land use paradigm in which developed countries provide financial resources for incentives to developing countries to reduce carbon emissions from deforestation and forest degradation.
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Russia introduced incentives to develop products to substitute for imports.
There are considerable incentives to develop passive air sampling techniques.
No one questions the need for economic incentives to develop better drugs to end this plague.
However, there must be incentives to develop such tests which do not yet exist.
This will only work if the incentives to develop are big enough.
For its part, the government provides two incentives to develop and commercialize new technology.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com