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Background of the establishment of China Green Carbon Foundation

Climate change has seriously affected the sustainable development of the economy and society. Countries around the world have taken active actions and made unremitting efforts to mitigate climate change.

Forests are the main body of terrestrial ecosystems. They have huge functions such as carbon absorption, carbon storage, and maintenance of biodiversity. They have become an effective way recognized by the international community to reduce greenhouse gas concentrations and slow down climate warming.

Forest plants absorb carbon dioxide through photosynthesis, release oxygen, and fix the carbon dioxide in the atmosphere in the form of biomass. This process is called "sink", that is, the forest has a carbon sink function, which can stabilize or even reduce the greenhouse gas in the atmosphere within a certain period of time.

Gas concentration plays an important role.

Therefore, afforestation to increase forest carbon sinks and strengthen forest management and forestland protection to reduce carbon emissions are not only carbon emission reduction measures actively advocated and supported by the international community, but also an important part of China's National Plan to Address Climate Change.

Moreover, through forestry measures to increase carbon sinks and reduce emissions, the cost is low, easy to operate, and the overall benefits are good.

Forestry has become one of the important goals of China's commitment to independently control greenhouse gas emissions. That is, by 2020, China will increase the forest area by 40 million hectares and increase the forest stock by 1.3 billion cubic meters compared with 2005.

As a developing country, the government has not yet set greenhouse gas emission reduction targets for companies.

To this end, the social responsibility of responding to climate change and reducing carbon emissions mainly relies on the voluntary actions of enterprises.

Enterprises can not only reduce emissions by reducing energy consumption, improving energy efficiency, and using clean energy, but they can also increase carbon sinks through activities such as afforestation and forest protection.

Therefore, under the initiative of China National Petroleum Corporation, Sino-Forest Investment Company and other companies, and with the active support of the State Forestry Administration, the National Development and Reform Commission, the Ministry of Environmental Protection and other government departments, the state approved the establishment of the China Green Carbon Foundation.

The establishment of the China Green Carbon Foundation provides a platform for enterprises and the public to store carbon credits through forestry measures and demonstrate the social responsibility image of donors.

This platform can not only help companies voluntarily reduce emissions, establish a good social image, and contribute to the long-term development of the company itself, but also increase forest vegetation, slow down climate warming, and maintain national ecological security.

As the competent business department, the State Forestry Administration actively supports and provides comprehensive services to the foundation.