By Elisabeth Rosenthal, The New York Times, December 15, 2009

The agreement for the program, [Reducing Emissions From Deforestation and Forest Degradation, or REDD] if signed as expected, may turn out to be the most significant achievement to come out of the Copenhagen climate talks, providing a system through which countries can be paid for conserving disappearing natural assets based on their contribution to reducing emissions.

Ban Ki-moon, secretary general of the United Nations, addressed the delegates Tuesday night as they moved into the final days of negotiations.

“We do not have another year to deliberate,” he said. “Nature does not negotiate.”