Rebuild U

Business Development for the Future

Sumitomo Forestry to Distribute CO2 Emission Quotas to Investors in Forest Investment Funds

Sumitomo Forestrywill establish a fund to invest in forest operations in Japan and abroad. The fund will protect and manage natural and planted forests acquired through the fund, and carbon credits (emission allowances) will be distributed to offset carbon dioxide (CO2) emissions in proportion to the amount of investment. The fund is expected to attract investment from major airlines and shipping companies, which cannot avoid emitting large amounts of CO2 in their operations.

Nihon Keizai Shimbun

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