Developed countries have embarked on an ambitious programme to pay developing nations to stop cutting down the trees.
Industrialised countries promised to pay developing countries for keeping their forests to reduce emissions, rising to $100bn£63bnbn) annually by 2020.
REDD, to which Norway has committed $1 billion for Indonesia, pays developing countries not to chop down trees.
REDD, to which Norway has committed $1 billion in Indonesia, in essence pays developing countries not to chop down trees.
The bloc remains internally divided on several issues, including how much to pay developing countries to limit emissions and how deeply to cut its own output.
The E.U. remains internally divided on key issues, among them how much to pay developing countries to limit emissions and how deeply to cut their own output.
At a UN meeting in Bonn in 2001, the EU, Canada, Norway, Switzerland, Iceland and New Zealand said they would jointly pay developing countries $410m£200m0m) a year from 2005 to 2008.
Despite fractious negotiations over reducing carbon emissions, talks on paying developing countries to protect their forests have moved further ahead than most other issues.
Developed nations – who are responsible for most carbon emissions – have to find ways to pay developing nations so that they can adopt renewable energy technologies and find ways to cope with changes in their environments.
Ms. Hedegaard emphasized that the proposals should help Europe make a larger proportion of the reductions in emissions at home rather than through "offsetting," or by paying developing countries to lower their emissions, in coming decades.
The archipelago nation has been a key testing ground of U.N.-backed efforts to use international funding to pay developing countries to curb forest destruction, which accounts for nearly 20 percent of greenhouse gas emissions.
