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CP Group launches Reforest Tokenisation to turn forest recovery into Thailand’s natural capital model

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CP Group launches Reforest Tokenisation to turn forest recovery into Thailand’s natural capital model

Charoen Pokphand Group (CP Group) has launched a Reforest Tokenisation model aimed at turning Thailand’s natural capital into part of the digital economy, beginning with a pilot project covering more than 10,000 rai in Chiang Mai, Chiang Rai and Tak in partnership with the Mae Fah Luang Foundation under Royal Patronage.

Key facts

Summary

The model is designed to use digital technology and blockchain to connect the economic value of forest restoration and conservation with a transparent and verifiable system.

According to CP Group, the Mae Fah Luang Foundation is the first partner under the initiative and will help develop a new value-creation model for conservation that can generate income for forest communities while supporting the wider development of Thailand’s natural capital economy.

Read full article at Nation Thailand →