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(Reuters) - Australia's Macquarie Group , World Bank member the International Finance Corp and a forest management firm said on Thursday they had raised $25 million for forest carbon projects in poorer nations.

A PROPOSAL to keep Tasmania's native forests standing in exchange for billions in carbon credits has been rejected by the State Government, Liberal Opposition and Forestry Tasmania.

Bonn, Germany – On Monday, a two-week long round of UN climate negotiations, lasting from June 6 to June 17, 2011, kicked off in Bonn, Germany. The talks will prepare for the way for the COP 17, which takes place November 28, 2011 to December 9, 2011 in Durban, South Africa.

The Nature Conservancy of Canada is receiving more than $4-million in what it says is the largest forest carbon project to date in North America and the first deal of its kind in Canada.

The World Bank’s Prototype Carbon Fund extended an agreement until as late as 2023 to help govern the syndicate including six governments and 16 companies.