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The Nature Conservancy and our Brazilian partner, SPVS , have launched the Guaraquegaba Climate Action Project to restore and protect approximately 20 , 000 acres of tropical forest in the Guaraquegaba Environmental Protection Area — the largest contiguous remnant of Atlantic Forest and home to at least 15 species of globally endangered birds , as well as a species of primate , the black-faced lion tamarin , only recently discovered by scientists . When complete , the project is expected to reduce the impact of carbon dioxide emissions — a gas that traps heat in the atmosphere and heightens the threat of global warming — by one million metric tons . China : Yet another remarkable primate , the black golden monkey, is one of the focal points of a Nature Conservancy forest protection project in China . The Nature Conservancy and Chinese scientists are working to preserve an area four times the size of Yellowstone National Park as part of the Yunnan Great Rivers Project. The scientists hope to complete information gaps about the region ' s ecology, including diversity " hotspots" and the biology of the black golden monkey . The black golden *monkey ( distinguished from other species of golden monkey by its larger size and black- and -white fur) is a flagship species for the project area — which is to say that it is a key indicator of ecosystem health . This joint venture between The Nature Conservancy and the Yunnan Provincial Government is one of the highest - leverage conservation projects ever attempted in China . Top Chinese officials view the project as a potential model for strengthening all of China ' s national parks and protected areas . Panama : On December 31 of 1999 , in a historical turn of events , the United States handed over control of the Panama Canal , one of the world ' s most economically significant waterways , to its home country . Five years before , however, The Nature Conservancy (working with the U . S . Agency for International Development , the government of Panama, and local partner organizations) began formulating a way to protect the canal and its surrounding watershed through the transition period — and in perpetuity . Our innovative answer — the Ecological Trust Fund of Panama . Trust Fund money will be used to safeguard the 560 , 000 - acre tropical forest watershed that supplies the 52 million gallons of water needed for each of the 35 ships that float through the Panama Canal daily . Specifically, Fund money will be used to protect rain forests in the canal watershed that harbor a wealth of animal life — more than 560 bird species ; jaguars, howler monkeys , and 100 other mammals ; 90 reptile species ; and over 250 species of trees . In addition, the Trust Fund will provide small grants to local grassroots conservation organizations involved in agroforestry, ecotourism, and other initiatives that promote the sustainable use of the land within the canal ' s invaluable watershed . LAND ACQUISITION Buying land lies at the heart of The Nature Conservancy ' s nearly 50 year- old mission to protect the Earth ' s biological diversity . And land acquisition efforts are becoming as important to our work overseas as they are to our work in the United States - 2 -