The EKO Green Carbon Fund is a demonstration fund. GCF’s strategy is to invest in the development of carbon offsets, primarily from land-based carbon sequestration projects (which may include forestry, agricultural change and other land-use change projects) in the United States. The GCF has a “Parallel Fund” which invests alongside the GCF. The Parallel Fund distributes carbon offsets in kind to investors as opposed to delivering financial returns. The bulk of the investments in the portfolio are Improved Forest Management projects that are generating carbon offset credits for the California Air Resource Board cap-and-trade program.