The Taiwanese Ministry of Environment has announced four ways for the forestry industry to generate greenhouse gas emission reduction credits through the use of “green carbon” – carbon dioxide stored in timber, roots, or forest products. This type of nature-based carbon sink is considered one of the 12 critical strategies to meet the goal of net zero emissions by 2050. While this approach cannot replace deep decarbonization, it can partially offset carbon emissions from industries where decarbonization is difficult. The ministry has set out four practical approaches, including afforestation on non-forest land, reforestation on forest land with poor carbon sequestration capacity, selection cutting for forest land with poor carbon sequestration capacity, and increasing the carbon sequestration rate on forest land already covered by law. Bamboo forests, in particular, require special consideration due to their unique growing conditions and purposes. To qualify for emission credits, companies must demonstrate efforts to meet voluntary emissions reduction targets and account for carbon emissions from transportation and related activities.
Government rolls out new rules to safeguard forests as carbon-absorbing habitats
