Samsung Electronics to Plant 2 Million Trees in Madagascar by March
[Asia Economy Reporter Jeong Hyunjin] Samsung Electronics will plant 2 million trees in Madagascar, an island nation in southeastern Africa, by March as part of its sustainable project to respond to climate change.
Samsung Electronics' U.S. branch announced on the 3rd (local time) through its newsroom that by the end of the first quarter of this year, it plans to plant mangrove trees near the Mahajanga area of Madagascar. Mangroves are known as the most effective plants for absorbing large amounts of carbon dioxide and combating global warming. Samsung expects to restore about 200 hectares of land through the 2 million trees and absorb 1 billion pounds of carbon dioxide over the next 25 years.
For this project, Samsung Electronics has decided to collaborate with Veritree, a climate solution platform. The process of restoring damaged forests will be managed step-by-step using blockchain technology. This system collects data, plans on-site activities, and manages and monitors the condition of the trees.
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Mark Newton, Corporate Sustainability Officer at Samsung Electronics America, said, "Samsung's journey toward sustainability is ongoing and multifaceted," adding, "Investing in technological innovation that improves efficiency and minimizes waste through collaboration with nature-based solutions is crucial in fighting climate change."
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