Investing in forests is nothing new. Timber companies have been doing it forever. But this time its different. Canopy Capital has bought a stake in the 1-million-acre Iwokrama rain forest in Guyana with the intent to preserve it. Forests today are gaining carbon value that companies Canopy Capital and Merrill Lynch are taking advantage of as wise investment moves. These forests can be used as carbon sinks and for emissions credits. Merrill Lynch lynch spent $9 million in Indonesia and expects to earn a healthy return on its investment.
Merrill Lynch is doing the same in Indonesia.
