Toronto, ON–Sino-Forest Corporation is working with the State Forestry Administration in its effort to mitigate gr…
Toronto, ON–Sino-Forest Corporation is working with the State Forestry Administration in its effort to mitigate greenhouse gas emissions in China. July 20 marked the official launch of the Great Hall of the People in Beijing, PRC, through which the Asian country will work to curb GHG, while encouraging development of carbon credit trading and forest biofuels.
As one of the founding members and the only member representing the forestry sector, Sino-Forest is collaborating with the administration to organize large-scale tree plantations, sustainable forest management that increases the absorption of carbon dioxide and to promote and facilitate carbon credit trading in China.
This is a first for China and an important milestone as it plans to develop carbon credit trading and efforts to mitigate greenhouse emissions through the development of environmentally friendly and sustainable initiatives, said Allen Chan, chairman and CEO of Sino-Forest.
We are excited to be able to cooperate and contribute our expertise towards the integration of forest resources and biofuel development.
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