Can you get rich by planting trees? Fuhua President Hong Qichang: Carbon sequestration project shall develop understory economy
December 09, 2023 | UDN, Taiwan |
Taiwan's new Minister of Environmental Protection Peng Qiming stresses the importance of establishing appropriate method for setting carbon pricing during his inaguration.
Meanwhile, Chairman of Fuhua Electronics, Hong Qichang, suggests that Taiwan's small and medium enterprises (SMEs) are facing significant pressure regarding carbon fees and emissions reduction. To address these concerns, he advocates the development of carbon offset projects that not only emphasize the preservation of forest ecosystem, but also promote understory economies towards poverty alleviation and the active participation of local communities.
Fuhua Electronics has ventured into developing carbon offset project in Indonesia. From project startup to field visit and certification by Verra, then to finally obtaining carbon credits, the process would take about 3 years.
Viewed Articles
December 09, 2023 | UDN, Taiwan |Â Taiwan's new Minister of Environmental Protection Peng Qiming stresses the importance of establishing appropriate method for setting carbon pricing during his ina
Read More
October 23, 2024 | U.S. Department of Agriculture (USDA) | The U.S. Department of Agriculture (USDA) has announced a historic $1.5 billion investment in 92 conservation projects through the Regional C
July 23, 2024 | News&Market, Taiwan |Â (In Chinese)Taiwan's plan to expand mangrove forests for blue carbon has sparked significant controversy. On July 23, environmental groups and scholars critic
July 17, 2024 | SeedWorld | The University of New Hampshire (UNH) has received a $10 million grant from the USDA to spearhead sustainable climate-smart agriculture in New England. The project, called
September 09, 2024 | Klean Industries | Ocean Rainforest, a company aiming to fight climate change through large-scale seaweed farming, has launched an 86-acre open-ocean seaweed farm off the coast of
January 17, 2025 | Carbon Herald | Agreena has achieved a major milestone by becoming the first large-scale cropland project registered under Verra’s Verified Carbon Standard (VCS) VM0042 for Improved