Abstract: Forestry in the Cerrado Biome have the potential to act as carbon sink and storage and can be used as climate change mitigation option through compensatory planting. The Cerrado occupies about 23% of the national territory, presenting varied physiognomies. The Cerrado sensu stricto (herbaceous layer with different densities of tree and shrubs) is the predominant physiognomic type with total extent of about 41.8 million hectares. The Cerrado biome may play a significant role on global carbon balance due to carbon storage and fixation. However, vast areas of Cerrado have been degraded as a result of extensive and frequent fire mainly related with cattle ranching. Planted forests in Cerrado are predominant comprised of eucalyptus, which are generally established on degraded pasture. Fast growing Eucalyptus boosts absorption of carbon dioxide from the air and therefore Eucalyptus forestry is considered as a greenhouse gas mitigation option. This study presents a preliminary evaluation of greenhouse gases (GHG) emissions from planted forests in the Cerrado of Mato Grosso do Sul, Brazil