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/ 27 November 2006

Carbon trading: will it work?

On the fringes of the talks on the future of the Kyoto Protocol which took place recently in Nairobi, Kenya, indigenous people and NGOs have been telling delegates how the investments in developing countries’ "clean energy" projects — which are now fuelling world carbon markets — are exacting a terrible price, with communities being robbed of their land, and livelihoods damaged by projects such as hydro-electric dams and fast-growing tree plantations.