Korea’s Woori backs Cambodia carbon reduction

Seoul-headquartered Woori Bank has inked a multilateral business agreement with the Forestry Administration of Cambodia and the Asian Forest Cooperation Organization to launch a forest carbon emission reduction project in Cambodia.

The project, which will run for 30 years, aims to promote REDD+ (Reducing Emissions from Deforestation and Forest Degradation) and global environmental, social and governance (ESG) management.

In full: https://www.theasset.com/article/50776/koreas-woori-backs-cambodia-carbon-reduction

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