* U.N. forest plan "obvious" step towards new climate pact
* Forest credit market needed, could cut emissions by 18 pct
By Nina Chestney and Michael Szabo
LONDON, July 14 (Reuters) - Finalising the United Nations' forest conservation scheme is an obvious and critical step to agreeing a new global climate change pact, an economist at the United Nations Environment Programme (UNEP) said on Tuesday.
The G8 and other major economies last week agreed to restrict global warming to 2 degrees Celsius (3.6 Fahrenheit).
But they failed to persuade top emitter China and India to join a push to halve greenhouse gas emissions by 2050 -- a blow to efforts to secure a successor climate treaty to the Kyoto Protocol after its 2012 expiry. [ID:nL8517833]
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