Summary by Futu AI
China Carbon Neutral Development Group Co., Ltd. (“China Carbon Neutral”) announced the launch of the “Protect the Earth” Green Action Program on 12 March 2024, which aims to promote the country's green transformation and ecological construction. The program includes two major projects, “One Million Forest” and “Million Green Energy”, the former in cooperation with China's Forestry Ecological Development Promotion Association to plant 100 billion trees, and the latter plans to build 100 GW of photovoltaic power, 100 GW of wind power and 100 GWh of energy storage facilities worldwide. China Carbon Neutral said the moves would contribute to the rapid development of carbon credit demand and transactions and bring sustainable business growth and financial returns to the Group. The Board of Directors includes Chairman and Executive Director Mr. Sato, etc., and invites people from all over the world to participate in carbon-neutral and global governance efforts to implement the ESG sustainability philosophy.