It will set the global framework and level of pressure on each and every country for implementing their climate change mitigation policies, including emission reduction targets. In this context, specific references were made to the US “cap and trade” mechanism1 and to various targets in terms of renewable energy and/or biofiiel incorporation in the European Union. In addition to Reducing Emissions from Deforestation and Forest Degradation (REDD) schemes there are, for example, the case for the way “carbon credit” might be awarded to forest owners and the opportunity to take into account the carbon stored in wood products.