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</html><thumbnail_url>https://www.ecosystemmarketplace.com/wp-content/uploads/2014/08/img_6801.jpg</thumbnail_url><thumbnail_width>175</thumbnail_width><thumbnail_height>175</thumbnail_height><description>Despite years of buzz, the creation of verified carbon credits from projects that reduce greenhouse gas emissions from deforestation and forest degradation (REDD) has been underwhelming. Last week, the first credits under a new REDD methodology were issued, and many observers are now waiting for the floodgates to burst open.&nbsp; Here's a look at the first credited REDD project under the Voluntary Carbon Standard, and what it means for the future of carbon finance -- both compliance and voluntary.</description></oembed>
