13 Jan 2025
Initiative to establish comprehensive service system, including carbon accounting, project application, and market trading
Hainan, China – Chinese natural rubber (NR) major Hainan Rubber has launched a pilot carbon-sequestration project for rubber plantations.
In a joint collaboration with Hainan Silan Low-Carbon Investment Co., the NR processor will explore the development and trading pathways for 'rubber-forest carbon credits'.
Initially, the programme will use 2,000 hectares of Hainan Rubber’s forests as a trial region, with Silan monitoring 'carbon sink' development in the forests, said Hainan Rubber 7 Jan.
The aim is to establish a comprehensive service system, encompassing carbon accounting, project application and market trading as a benchmark for similar projects in the region.
Set for launch in 2025, the partners expect to complete the initial rubber forest carbon sequestration project by the yearend.
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