GHG Emissions, Commercial, Sourcing Renewables - June 17, 2024
Microsoft Partners for Carbon Removal Credits
Microsoft signed an agreement to receive over 970,000 nature-based carbon removal credits as part of the software company’s commitment to becoming carbon negative by 2030.
The agreement was signed with Anew Climate, LLC, a global company of diverse climate solutions that offers various North American improved forest management projects.
The high-integrity removal credits are derived from forestlands owned by Aurora Sustainable Lands, Acadian Timber Corp. and Baskahegan Company.
Nature-based solutions such as improved forest management and afforestation have the potential to provide about one-third of the climate mitigation activities needed to meet climate goals.
“Carbon removal credits provide a financial incentive for traditional institutional landowners and managers to shift to sustainable forestry and land management practices. We are pleased to collaborate with Anew Climate to help increase the carbon stocks of forests across the United States,” said Brian Marrs, Senior Director of Energy and Carbon Removal at Microsoft, in a statement.
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