Apala Group的动态

查看Apala Group的组织主页

2,795 位关注者

In late May, Microsoft entered a major carbon offtake agreement with Azuero Reforestación Colectiva (ARC) to restore 10,000 hectares of tropical forest on Panama’s Azuero Peninsula. Marking the company’s third long-term nature-based agreement in #reforestation, this initiative is expected to remove over 3 million tons of CO2 from the atmosphere, providing Microsoft with over 1 million carbon removal credits in the process. Microsoft will purchase around half of the #carboncredits generated by the Azuero project over its first 30 years, providing crucial upfront financing and supporting the engagement of two other investors, Rubicon Carbon and Carbon Streaming. ARC is one of the only six global carbon projects using Verra’s newest reforestation methodology and the only one selected to pilot Verra’s SD VISta Nature Credit framework. The project will replant 75 native species, restoring #biodiversity and expanding habitats for endangered species such as the Azuero spider monkey. It is also expected to deliver US $70 million in direct and indirect benefits to local communities, creating over 300 jobs and providing stable income to local landowners who participate in the project. Unlike typical investment timelines of 5 to 7 years, this 30-year commitment from Microsoft and its partners recognises the inherently slow carbon sequestration rate of reforestation projects, allowing saplings enough time to mature and more effectively capture CO2. https://lnkd.in/dzPeRFG8

Inside Microsoft’s Panama tropical forest carbon offtake deal | GreenBiz

Inside Microsoft’s Panama tropical forest carbon offtake deal | GreenBiz

greenbiz.com

要查看或添加评论,请登录