"It could trigger a boom. Everyone has been waiting forever so hopefully we finally see some forestry credits come to market,” said a market player, who declined to be named.

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“One reason why the voluntary market has embraced forestry projects is because they are emotive and conceptually easier for business and consumer customers to grasp,” said Sascha Lafeld, ICROA’S co-chair.

In 2009, forestation and reforestation was among the top three most popular project types in the market.

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