Microsoft is set to acquire a substantial 1.5 million carbon removal credits to restore deforested land in the Amazon. This colossal deal signifies Microsoft's most ambitious venture to date in the realm of nature-based carbon credits, highlighting the tech giant's commitment to environmental stewardship.
A toucan sitting on a tree branch in the Amazon Rainforest.
Microsoft's involvement goes beyond a mere transaction. The tech giant's commitment includes contributing to a broader initiative to plant over 30 million trees in the Amazon basin. This ambitious undertaking is equivalent to reforesting an area of land five times the size of Manhattan. Notably, it aligns with Microsoft's overarching goal of achieving carbon negativity by 2030, a target that underscores the company's dedication to mitigating its environmental impact.
The credits procured from Mombak Gestora de Recursos, a prominent Brazilian startup, will make a significant impact on the preservation of one of the world's most vital ecosystems. Mombak, in turn, plans to utilise these credits for large-scale reforestation projects, aiming to plant over 100 species of native trees. This strategic approach not only revitalises ecosystems but also facilitates natural carbon removal, contributing to the global effort to restore nature.
Read more: Greening the blueprint: Microsoft's 2030 carbon negativity roadmap
Peter Fernandez, the CEO of Mombak, emphasised the pivotal role of reforestation in viable carbon removal, expressing confidence in Brazil's potential to emerge as a major exporter of carbon credits due to the extensive deforested areas in the region. He stated, ‘We have one of the five most valuable companies getting their largest nature-based supply of carbon removal in Brazil.’
Mombak asserts that its carbon credits represent a high-quality solution that effectively removes carbon from the atmosphere. In contrast to some carbon credits that focus on the avoidance of deforestation, Mombak's approach prioritises actual carbon removal, even if it comes at a higher cost.
Read more: Microsoft's step towards net zero through biochar
To enhance accountability, various carbon credit certifications have been introduced. Microsoft's use of advanced technologies like cloud technology, machine learning, and drones to identify optimal reforestation sites adds another layer of assurance to the credibility of the agreement, as highlighted by Mombak.
Microsoft's collaboration with Mombak marks a significant milestone in the pursuit of sustainable environmental practices. This partnership propels reforestation efforts in the Amazon and underscores the importance of credible, nature-based carbon solutions in supporting nature conservation.
In harmony with this vision, DGB Group is committed to and advocates for the restoration of nature through a comprehensive range of nature-based solutions. Our high-quality nature-based projects encompass initiatives such as community-based agroforestry projects, reforestation, afforestation, biodiversity restoration, and land revitalisation. Our diverse portfolio of solutions, including verified carbon credits, provides a platform for businesses, investors, and individuals to participate actively in transparent and impactful investments dedicated to conserving and enriching our natural surroundings. Join us in working together to nurture and protect our environment for the benefit of generations to come.
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