Carbon Positive: Ecuador is taking its innovative forest carbon financing initiative to the Cannes Film Festival in May in the hope of showcasing the project to prospective investors. The Yasuni-ITT Initiative aims to create ‘carbon bonds’ to preserve a tract of in the Ecuadorian Amazon rainforest that also holds a lucrative oil resource ripe for exploitation. The carbon bonds would be issued over a government guarantee that oil won’t be extracted from the Yasuni National Park and the forest, its …