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Money Can Grow on Trees: Forestry Rights Reform for Decarbonization in China
›High in the remote mountains of western Fujian Province, Changkou—part of Sanming Prefectural City—became the first village to launch a new forestry carbon ticket system in May 2021. Changkou farmers have long received little benefit in managing forests because of fragmented forest land, high investment risks, and limited ownership rights. To solve those problems, the Sanming Forestry Bureau issued tickets to forestry farmers, granting them the right to receive stocks on their plots of forests by cooperating with farms in a certain period. Meanwhile, the carbon tickets grant farmers the right to earn carbon emission credits for their land and trees.
Showing posts by Dan Qiao.