CarbonPlus Program: Forests & Carbon

According to estimates from Ecosystem Marketplace, forest carbon involved annual transaction volume representing over $38 million U.S. dollars and 3.7 million tons CO2e in the voluntary marketplace in 2009. Forests will also inevitably play a major role in compliance markets due to IPCC estimations of deforestation contributing as much as transportation sector to global greenhouse gas emissions, and Mackenzie and Associate estimations that reforestation as cost-effective as solar energy in combating these emissions.