GHG Emissions, Industrial - February 22, 2024
Microsoft Adds Carbon Removal Project
Microsoft signed a six-year offtake agreement to purchase 350,000 tons of carbon removal credits from an agroforestry project in Kenya.
The agreement was funded, designed, and managed by Catona Climate, a global climate finance company, in collaboration with longstanding nonprofit partner, Trees for the Future.
This project supports Microsoft's goal to become carbon negative by 2030.
The Lake Victoria Watershed Agroforestry Project is located in Homa Bay, Kenya, and partners with 15,000 local smallholder farmers to develop forest gardens of multi-tiered mixtures of trees, shrubs, and crops on their land.
"With organizations like Catona, we're able to add agroforestry projects to our portfolio that not only remove carbon but also meaningfully support biodiversity and benefit local communities in the short and long term," said Brian Marrs, Senior Director for Energy & Carbon Removal at Microsoft, in a statement.
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