What happens to investors money if the forest is degraded or destroyed?
The IIC’s mandate is to protect and monitor the Iwokrama forest on behalf of Guyana and the international community, under the auspices of the Commonwealth – something the IIC has successfully achieved in cooperation with the local community since its inception. Should the forests suffer significant degradation (either natural or through human activity), Canopy Capital can suspend its payments for Ecosystem Services. The IIC can also suspend the agreement if Canopy Capital does not fulfil its commitments.
