The aim of the study was to reveal the scope and benefits derives from establishing carbon forests in a country like Bangladesh. Carbon forestry is the modernized forestry practice that evolves no cutting of trees or vegetation rather conserves them in the wood. Trees might be the source of carbon sink at large scale by establishing carbon forests. To find out how and in what extent forests of Bangladesh could contribute to global emission reduction, tree species of economic importance were taken into account about their carbon sequestration potential. Data source was a secondary one. Bangladesh has subtropical evergreen and deciduous forest tree species. Here trees can sequester almost 45-55 percent organic carbon in their biomass. On an average, trees in different types of stands can sequester 150-300 tC/ha. Carbon value of these forests might be 7,500-15,000 USD per hactre (assuming 50 USD per equivalent $tCO_2$). Thus, accounting tree carbon credits of total forested lands of Bangladesh, there might be a lump sum value of $1.89{ imes}10^{10}-3.79{ imes}10^{10}$ USD. If soil carbon is added, this amount would jump. Alternatively, there are two times higher spaces as marginal lands than this for starting carbon forestry. However, carbon forestry concept is still a theoretical conception unless otherwise their challenges are addressed and solved. Despite of this, forests of Bangladesh might be the key showcase for conserving biodiversity in association with carbon capture. Protected areas in Bangladesh are of government wealth, however, degraded and denuded waste and marginal lands might be the best fit for establishing carbon forests.