January 09, 2024 | CNA, Taiwan |
Taiwan Sugar Corporation (TSC) announced its participation in the "Small Farmers Carbon Sequestration" project, initiated by the Green Consumers' Foundation and Tiandi Heqi Co., in response to global net-zero transition efforts. The project, which began on World Soil Day last year, aims to evaluate the carbon sequestration potential of sugarcane fields and establish baseline data for soil carbon sinks. The project passed the Gold Standard's proposal review in February 2023 and is alined with six SDGs (United Nations Sustainable Development Goals), making it Taiwan's first international soil carbon sink project to be officially listed on the Gold Standard's official website (No. GS11818). TSC's involvement includes using organic fertilizers like filter mud to enhance soil fertility and carbon storage, contributing to climate change mitigation.
The carbon credits generated by Gold Standards certified projects would be tradable in the international voluntary carbon market.