The post-Kyoto United Nations climate agreement is at risk of subsidising industrial scale logging of primary forests, according to Trick or Treat?: REDD, Development and Sustainable Forest Management, a briefing paper released October 2^nd by Global Witness. Without good governance and a focus on protecting intact natural forests rather than the forest industry, any climate agreement has little chance of addressing the nearly 25 percent of global greenhouse gas emissions that stem from the destruction of tropical forests and peatlands.