What is the nature of the deal between Canopy Capital and the Iwokrama International Centre that has been widely reported in the media?
>> This deal is not about Canopy Capital buying land; and >> This deal is not an emissions-based carbon trading deal. The agreement is about: >> Measuring and then placing a value in the market place on eco-services of Iwokrama to humanity such as rainfall and biodiversity; >> Using income from the ecosystem services to help make Iwokrama financially independent of institutional donors by 2010 in accordance with the IIC Business Plan and Iwokrama’s research obligation; >> Continuing to help the local communities to enhance their economic and social opportunities as partners with Iwokrama; and >> Overall this ground-breaking agreement will help Iwokrama to show to the international community that you can use a Rainforest but not lose it.
