Bamboo forest is an important land use in the traditional village of Penglipuran, Bali Indonesia. Bamboo growing in the rural areas can be a good choice for capturing CO2. I harvested selected culms to determine biomass content, and 50 % of dry weight biomass was calculated as carbon content. The Penglipuran bamboo forest supported six bamboo species in a one hectare sampling plot, all of the genus Gigantochloa. The clump and culm densities were 339 and 7190 ha(-1), respectively. Total above- plus below-ground biomass was 87.35 Mg ha(-1), and carbon storage was 43.67 Mg ha(-1). Carbon storage estimated in the bamboo forest at Penglipuran offers insight into the opportunity for PES (payment for ecosystem services) through emission trading mechanisms.