“As one of the original players in this new industry, (the group acquired) pastoral leases and rights (for) over 350,000 hectares of agricultural land, about 3.5 times the total land area of ​​Hong Kong designated for carbon sequestration in Australia,” said Kam Hing Lam, deputy managing director of CK Asset and CK Hutchison and chairman of CK Life Sciences.

Regenerative agriculture, according to organic agriculture researcher the Rodale Institute, is “a holistic approach to agriculture that encourages continuous innovation and improvement in environmental, social and economic measures.” One of his areas of interest is biosequestration, which takes produced carbon and stores it in a pool, which helps limit climate change. This carbon sequestration is the focus of the CK Group’s regenerative agriculture project in Australia.

“We hope that through these regenerative agriculture schemes we will make our contribution to carbon reduction,” said Kam. More regenerative agriculture projects will be pursued in the future, he added.

Australia offers high-quality sequestration projects, operates an established regulatory system and has a growing market for carbon credits, the group said in a statement.