Nature Wood Advances in Carbon Credit Market

Nature Wood Group Limited Sponsored ADR (NWGL) has released an update.

Nature Wood Group Limited is progressing with its REDD+ project, which will generate carbon credits from a 615,000-hectare forest concession, aiming to monetize these credits by selling to entities looking to offset emissions. The company’s partnership with Paskay S.A.C. for validation under VCS and CCB standards represents a strategic move to enhance its financial performance and strengthen its position in the global forestry market. The initiative aligns with the company’s sustainability strategy and is expected to create substantial shareholder value.

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