China

Stora Enso to build world-class EUR 1.6 billion consumer board and pulp mill in China. Stora Enso plans to build plantation-based integrated board and pulp mills at Beihai city in Guangxi, southern China.

China is looking at ways to include forest carbon projects in its planned emissions trading scheme (ETS), according to a senior official, a move which would boost supply of lower-cost offsets for the country’s biggest emitters.

China has become greener in recent decades. Since the 1980s trees, shrubs and grasses have been flourishing, thanks to warmer temperatures, a longer growing season and plenty of rain.

China has undertaken ambitious reforestation initiatives that have increased its forest cover dramatically in the last decade. But scientists are now raising questions about just how effective these grand projects will turn out to be.

China has formulated “forest response to climate change five actions points” to implement the National Economic and Social Development Twelfth Five-Year Plan, forestry development  second five year plan and Forestry Action Plan to address climate change, and further promote the “second five year