ECO2 Forests International targeted projects exceed 1.5 million acres

Apr 05, 2010. /Lesprom Network/. ECO2 Forests Inc. has announced its projects in their pipeline under review has passed a global total of 1.5 million acres for the first time. The 1.5 million acres include a combination of reforestation, afforestation and avoided deforestation projects. Projects are planned to be delivered as part of the company's Global Forestry Plan, producing sustainable lumber and carbon credits for sale on global markets. "ECO2 Forests has been working extremely hard to build up our list of potential projects and land partners. We have now surpassed a total of 1.5 million acres of projects in our project pipeline for the first time, with many of these projects well advanced in negotiations and undergoing due diligence," ECO2 Forests CEO Collie Christensen said. "Projects in the pipeline under review are located in multiple regions of mainland USA, Australia, Mexico, Europe, South East Asia and South America and are in various stages of review, from initial due diligence and area feasibility through to final stages of negotiation and letters of intent being completed. "Our revenue forecast for forestation projects under the Global Forestry Plan is approximately $110,000 per acre for each 7-year regenerative harvest cycle using our range of Kiri Trees. We look forward to securing more projects for our shareholders and investors and also for the environmental and social benefits our projects are intended to deliver," Christensen said. ECO2 Forests is a progressive international forestation company focused on reforestation, afforestation and avoided deforestation projects for the generation and sale of sustainable lumber and carbon credits to the global markets.