Mesagne bamboo forest sells carbon credits globally

A bamboo forest has been established in Mesagne, Italy, with the goal of selling carbon credits internationally. This initiative aims to monetize CO2 absorption as a business venture. The project, spearheaded by engineer Luigi Argese, involves a three-hectare bamboo forest that absorbs significantly more CO2 than traditional forests. The carbon credits generated are sold to companies to offset their emissions, a practice supported by international agreements. Argese's venture, started in 2019, utilizes blockchain technology to certify and trade carbon credits. The bamboo is also used in various industries, highlighting the project's broader environmental and economic impact.