Benefiting from Carbon Trading

I read an article in the Economist Magazine about carbon trading and it generated my interest in that subject. Then I read a The New York Times article which made to do some basic research. I have heard of carbon trading as being a big business in Australia and New Zealand, and especially in the latter because of its huge forest resource. In fact, the Sydney Futures Exchange has produced a Carbon Trading FAQ

Nepal can benefit from the carbon trading also given that it has signed a Kyoto Agreement. It could give economic incentive to re-vitalize the denudated forests of the country bringing in tremendous environmental benefits and at the same time bring-in foreign earnings for sustainable economic development. An interesting article from Future Harvest discuss the possiblities of win-win proposition for poor villagers & big businesses in a 2002 article.

How Nepal can benefit is discussed in a 2005 article in Spotlight magazine.