Monday, October 26, 2020

CP Foods strikes public-private pact to preserve forests

Oct 15. 2020
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By The Nation

The government has signed a cooperation pact on "Climate change prevention through Forest Rehabilitation" with Charoen Pokphand Foods (CP Foods) to preserve and rehabilitate 26,000 rai of terrestrial and mangrove forest.

The pact’s signing was presided over by Natural Resources and Environment Minister Varawut Silpa-archa and CP’s CEO Suphachai Chearavanont. 

Under the agreement, the ministry's Royal Forest Department and the Thailand Greenhouse Gas Management Organisation (TGO) will join with CP Foods to rehabilitate three areas: 7,000 rai under CP Foods’ "Rak Ni-Ves Project” at the Pasak watershed, Khao Phraya Doen Tong in Lop Buri province, from 2021 to 2025; 14,000 rai under CP Foods’ “Grow-Share-Protect Mangrove Forestation Project” in the Gulf of Thailand, Samut Sakhon province, from 2019 to 2023; and  5,000 rai of green areas at CP Foods’ premises. 

Varawut said the pact would support Thailand's development in the long term by helping the country meet international efforts to reduce greenhouse gases (GHGs) for sustainable growth of the economy, society and the environment. 

"Climate change is closer than we think. To effectively mitigate the impacts demands collaboration from all parties," Varawut said. 

He added that CPF's forest rehabilitation in the Pasak watershed and Gulf of Thailand in Samut Sakhon will help restore the balance of nature, since mangrove forests act as natural carbon dioxide sinks, erosion barriers and marine habitats. The projects would serve as an example for forest rehab in other parts of the country, he said. 

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