Mae Fah Luang Foundation Join the network “Manage forest carbon credits”

Bangkok, 17 Aug-Mae Fah Luang Foundation together with 14 organizations from both public and private sectors community forest network Show intention to preserve natural resources. Implement forest carbon credit management projects for sustainable development.

Mom Luang Dispanadda Diskul Chief Executive Officer Mae Fah Luang Foundation under the royal patronage, said that the Mae Fah Luang Foundation It has been working together to preserve forest areas with the Royal Forest Department continuously, collaborating with communities to conserve natural resources. increasing the forest area biodiversity in the area All affect the lives of people in the area, generate income and develop the quality of life for the people in the area sustainably.

For cooperation between the Royal Forest Department and the Mae Fah Luang Foundation under the royal patronage It has been implemented in 3 phases, namely Phase 1 in 1988 to take care and restore forest areas of over 100,000 rai at Doi Tung Development Project, Mae Fah Luang District, Chiang Rai Province. take care of the restoration of forest areas of more than 250,000 rai to be a model for sustainable rehabilitation and the third phase of 2022 under the project “Manage Carbon Credits in Forests for Sustainable Development” is divided into 2 phases: Phase 1, Chiang Rai, Chiang Mai, Phayao, Mae Hong Son provinces, consisting of 16 community forests, covering an area of 19,786 rai, with 78,000 tons of carbon dioxide reduced, and Phase 2, Chiang Mai, Kamphaeng Phet. Uthai Thani, Krabi consists of 30 community forests, an area of 23,603 rai, the amount of carbon dioxide reduced by 97,000 tons. From such cooperation has benefited more than 74 people, 331 people gathered for conservation in the form of a community forest And the people participate in forest care and policy decisions. which is an important mechanism for sustainable natural resource development resulting in increased forest area no encroachment on forest areas solve the problem of forest degradation and reduce forest fire problems

Mrs. Kloyta Na Thalang, Executive Vice President Corporate Communications and Sustainability Division, Bangchak Corporation Public Company Limited, said that Bangchak is one of the partners who support the Mae Fah Luang Foundation’s Carbon Credit Management Project in the Forest for Sustainable Development. will jointly develop a carbon credit project from perennial agricultural plants with agricultural cooperatives in the business network of more than 600 Bangchak community service stations nationwide.

Mr. Wison Soontrachan, Deputy Chief Executive Officer for Corporate Strategy and Sustainability, PTT Oil and Retail Business Public Company Limited (OR), said that OR cooperates, for example, to develop the potential of forests as a source of natural resources. greenhouse gas storage through creating incentives for communities to maintain forests together with enhancing the well-being of communities. In 2023, OR participated in the carbon credit management project in the forest for sustainable development from community forests totaling 8,100 rai under main project implementation Community forest area of 100,000 rai to increase the forest area for fertility Help reduce greenhouse gases. and reduce global warming sustainably. It is considered an operation that promotes the achievement of the goal of planting forests with PTT Group, amounting to 2 million rai as well.-Thai News Agency

Source: Thai News Agency