Forests is not only about wood, but also carbon

The fact is that a forest is no longer merely linked to timber, tigers, elephants, mouse deer, snakes, birds, bacteria and other fauna. In a broader sense, a forest is normally associated with people as part of the forest, which provide a habitat for animals and a place to life for people, and is a source of medical berbs to cure various illnesses and stabilizes the climate.
In the era of climate change and currently taken up in an international conference in Bali, forests are also discussed with regard to carbon, and that a deforested area will absorb CO2 and create monetary compensation. Consequently, forests will be a source of money if they are well cared for.
The proposal of reduction and emission from deforestation and forest degradation (REDD) still maintains that forest is carbon. However once the value of a forest is estimated on the basis of the extent of CO2 which be absorbed and stored in one hectare of a forest, then the forest can be considered as a financial instrument. Currently the value of forests is more then &20 for one ton CO2.