CP Launches "Reforest Tokenization" with Mae Fah Luang Foundation

"“Future forest conservation needs to create 'economic incentives' so that people living with forests can earn income from protecting forests, more than from utilization that destroys resources. This is the origin of the Reforest Tokenization concept, which aims to elevate forests into digital assets or Natural Capital to link conservation with economic mechanisms and open opportunities for all sectors to participate in natural resource stewardship.”"

"“Natural resource conservation must go hand in hand with developing the quality of life for community members who are like the frontline guards facing various crises. If they cannot survive, nature cannot survive either.”"

"“Sustainable forest conservation must start with the community by listening to needs, building knowledge, and using technology with a transparent verification system. When communities earn income from carbon credits, it will create incentives to care for forests and reduce wildfires.”"

"“Over the past 10 years, CP Group has worked with the Mae Fah Luang Foundation and the Pidthong Lang Phra Foundation to elevate the quality of life for communities living with forests, by focusing on creating sustainable livelihoods and income through promoting economic crops that coexist with forests, such as coffee.”"

"“Forests are part of the supply chain, so it is the responsibility of the business sector to support communities with adequate income, reduce forest encroachment, decrease monoculture farming, and manage water resources appropriately.”"

"“Sustainability can truly happen when participation is easily accessible. Therefore, we are leveraging blockchain technology for carbon credit purchasing services on the TrueMoney application to allow people to support environmental projects conveniently, transparently, and verifiably.”"