9 February 2009: The latest issue of the International Tropical Timber Organization’s (ITTO) newsletter on the conservation and sustainable use of tropical forest resources, Tropical Forest Update, focuses on climate change and tropical forests.

The publication features articles on: why there are few forestry projects under the Clean Development Mechanism; emerging markets for land-use carbon credits; the UN Collaborative Programme on Reduced Emissions from Deforestation and Degradation in Developing Countries (UN-REDD); and challenges facing smallholders in benefiting from carbon trading in the Philippines. [Tropical Forest Update]