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
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
How rethinking the value of blue carbon could help to support local communities
July 30, 2024 | World Economic Forum | A new perspective on blue carbon, the carbon stored in coastal ecosystems like mangroves and seagrasses, could enhance local community support and conservation e
Nestlé, ofi launch global agroforestry initiative to cut 1.5M tons of CO₂
April 23, 2025 | ESG News |  Nestlé and ofi (olam food ingredients) have launched their largest joint agroforestry initiative, aiming to cut over 1.5 million tons of CO₂ emissions by 2055. The program
Seaweed farms face hurdles in scaling up across the US
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
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
TOP