The costs, benefits and risks associated with monetizing reforestation and avoided deforestation schemes via carbon offsets and financial derivatives markets is being hotly debated by a diversity of vested interests in the run-up to the UN’s climate change talks in Copenhagen this December. An international finance and development group says it has developed the methods and means to conserve and rejuvenate tropical rain forests and biodiversity while benefiting local communities and investors. Its Peruvian arm is the first to earn internationally standard voluntary carbon offset credits for reforesting an area of the Peruvian Amazon with native tree species.