China is promoting the trade of carbon sinks generated from water loss and soil erosion control efforts to broaden funding avenues for conservation projects. In November, an entrepreneur and four local enterprises purchased 115,600 metric tons of carbon sinks from a water and soil conservation project in Yunnan province, valued at 3.8 million yuan. This is the first individual purchase of carbon sinks generated through water loss and soil erosion control efforts in China. The country has also unveiled a guideline to include carbon sinks generated from water and soil erosion control into the China Certified Emissions Reductions Program. The trading of carbon sinks is currently guided by the Tanpuhui mechanism, which encourages the public and small businesses to adopt green practices. The proceeds from the transactions will be allocated towards upcoming water and soil conservation endeavors. The initiative aims to transform environmental benefits into economic value, expanding funding channels for conservation efforts and encouraging increased participation in water and soil conservation.
Water and soil conservation initiatives are marketed as carbon-reducing investments
