Thailand exempts privately owned mangrove forests from taxes to protect them, starting January 1.

Thailand's government has approved a plan to exempt privately owned mangrove forests from land taxes, effective January 1. This move aims to protect these ecosystems, which are crucial for aquatic life, disaster protection, and carbon absorption, from being converted into agricultural land due to high taxes. The Department of Marine and Coastal Resources plans to distribute mangrove sprouts to encourage planting.

3 months ago
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