How will Iwokrama benefit financially from this deal?
Guaranteed initial income from Canopy Capital will be used by the IIC to continue the sustainable management and conservation of the Iwokrama Reserve and to provide livelihoods for the local communities who have depended on the Iwokrama forest for generations. In the longer term, 90% of any investment upside will go to the IIC for use in this way. Canopy Capital is an investment company. How will it make money? Canopy Capital is exploring various approaches to securing substantial investment in Ecosystem Services. In particular, Canopy Capital is looking at marketing Ecosystem Services through an ‘Ecosystem Service Certificate’ attached to a 10-year tradable bond, the interest from which will pay for the maintenance of the Iwokrama forest. As atmospheric levels of greenhouse gases rise, emissions will carry an ever-mounting cost and the conservation of rainforests will acquire real value. In the future, countries that choose to conserve their forests are therefore likely to have global
