How will The Conservation Fund use its share of the proceeds from transactions on e-BlueHorizonsSM ?
A – To help fight climate change. In 2001, as part of its mission to protect the nations outdoor heritage, The Conservation Fund launched a climate change program called carbon sequestration through reforestation. This initiative enables individuals, communities and companies to fight global warming — simply by planting trees. As trees grow they absorb carbon dioxide from the atmosphere, providing a proven solution for global warming but also resulting in other benefits for the environment such as restoring wildlife habitat, enhancing air and water quality and providing flood control. Through this program, the Fund has protected 20,000 acres and planted five million trees, which will capture approximately 10 million tons of CO2 over the next 70 years. Proceeds from transactions on e-Blue HorizonsSM shared with The Conservation Fund will directly support this reforestation effort.
Related Questions
- Form 1099-B, Proceeds from Broker and Barter Exchange Transactions will be mailed to shareholders who have sold any of their fund shares during the year. (See the answer to the question: Why did I receive Form 1099-B, and where do I report the information?
- How will The Conservation Fund use its share of the proceeds from transactions on e-BlueHorizonsSM ?
- What share of total costs (averaged over all transactions) would arise from customer service?