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Monday, April 29, 2024

BAAC carbon credit project in Khon Kaen a success

This project involves the purchase and sale of carbon credits and issues T-VER standard certificates from the Department of Environmental Quality Promotion (DEQP). The goal is to address business needs in achieving net-zero greenhouse gas emissions.

Two leading communities in this initiative are the Bank of Trees Baan Tha Lee and Baan Daeng in Khon Kaen Province. They have sold more than 450 tons of carbon credits, generating income exceeding 1.3 million baht for the communities. The aim is to increase the quantity of carbon credits from these communities by at least another 150,000 tons within seven years.

The BAAC has been supporting farmers in planting trees as part of the Royal Initiative “Planting Trees for 3 Benefits, 4 Good Deeds” to promote sustainable natural resource management at the community level. This led to the development and elevation of the “Bank of Trees”…

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