News and Events

04.19.2006
First BioCarbon Fund Contracts Agreed

The BioCarbon Fund, with a portfolio of 23 land use, land-use change and forestry (LULUCF) projects, has successfully negotiated its first Emission Reductions Purchase Agreements. The transactions include Nicaragua Precious Woods, from which the Fund would buy about 175,000 tCO2e by year 2017, and China Pearl River Watershed Management, which would sell about 530,000 tCO2e by 2017.