Background: Indigenous Peoples representatives and organizations held a protest 2 May 2008 conclusion of the United Nations Permanent Forum on Indigenous Issues (UNPFII) in New York. They were angered by the final Climate Change report of the Permanent Forum, which ignored Indigenous Peoples stated concerns about Reducing Emissions from Deforestation and Degradation (REDD), Clean Development Mechanism (CDM). During the two weeks of the UNPFII, Indigenous community representatives testified about the injustices associated with the clean development mechanism projects and asked that the UNPFII not promote the projects. However, in the final report, their testimony was ignored. The final report of the UNPFII hails World Bank-funded carbon trading as "good examples" of partnership. Carbon trade is a system whereby companies are allowed to emit a limited amount of carbon dioxide, a gas linked to global warming. If a company does not "use up" all its carbon credits, it can sell them on the carbon market, allowing the buyer to pollute more. Companies can also buy into "carbon offset" schemes. The idea behind this is that the polluter can "offset" the carbon it has emitted by helping to finance a "clean energy" development, or a REDD project. At first glance these ideas may seem good. However, there are many problems with this market-based approach. In promoting the clean development mechanism projects and carbon trading, the Permanent Forum is allowing big emitters of greenhouse gases to continue to pollute. In other words, big corporations can buy and sell the right to pollute.