Search
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
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 ina
Read More
Taiwan forestry launches ESG platform to link carbon projects with corporate sustainability goals
March 30, 2025 | UDN (In Chinese) |  In response to rising corporate demand for environmental, social, and governance (ESG) action and carbon credits, Taiwan’s Forestry and Nature Conservation Agency
Microsoft (MSFT) signs 2.6 million soil carbon credit deal with Agoro Carbon to meet its net zero goals
July 11, 2025 | CarbonCredits.com |  Microsoft has signed a 12-year deal with Agoro Carbon to purchase 2.6 million verified soil carbon removal credits, one of the largest agricultural carbon removal
As US agroforestry grows, federal funding freeze leaves farmers in the lurch
April 1, 2025 | Mongabay |  Agroforestry has been steadily gaining ground over the past eight years in the U.S., with the number of projects increasing 6% nationwide according to a new study. A federa
Agreena achieves Verra registration landmark for soil carbon market
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
Sorjan Farming: A Climate-Smart Solution for Coastal Bangladesh
November 5, 2024 | Rice Today (IRRI) | Coastal farmers in Bangladesh are battling rising sea levels, salinity and erratic rainfall, threatening food security and livelihoods. Traditional farming metho
TOP