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 | 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 | Moneyweekly | (in Chinese)The "Toward 2040 Net-Zero in Agriculture: Natural Carbon Sequestration and ESG Strategy Forum", co-hosted by the International Climate Development Institut
December 1, 2025 | Eos | This Eos analysis examines the scientific and methodological challenges of verifying carbon sequestration from climate-smart agriculture (CSA). While practices such as cover c
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
March 20, 2025 | Agri-harvest (In Chinese) | Taiwan’s Ministry of Environment has approved a new voluntary carbon reduction methodology—“Improved Agricultural Soil Management”—proposed by the Ministr
May 21, 2025 | Carbon Herald | Japan has initiated an offshore blue carbon research project to explore carbon capture and storage through marine vegetation, including kelp and mangroves. The Environm
