Meta inks contract for up to 3.9 million nature-based carbon removal credits

Stuart Stone
clock • 4 min read
Photo by Dima Solomin on Unsplash
Image:

Photo by Dima Solomin on Unsplash

Facebook, Instagram, and WhatsApp owner announces first significant engagement in carbon removal in Brazil

Tech giant Meta has today announced a long-term contract with Brazil's BTG Pactual Timberland Investment Group (BTG Pactual TIG) to deliver an initial 1.3 million nature-based carbon removal credits...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Biodiversity

Global Briefing: Amazon deforestation hits lowest level since 2015

Global Briefing: Amazon deforestation hits lowest level since 2015

The Brazilian government releases data confirming it is making progress in tackling deforestation, as the UAE unveils a new national climate plan and there is bad news for Sweden's wind energy industry

James Murray
clock 08 November 2024 • 5 min read
Environment Bank launches 30-year restoration and rewilding project at Castle Howard

Environment Bank launches 30-year restoration and rewilding project at Castle Howard

Hundreds of acres of low-yielding farmland surrounding stately home to be returned to nature - yielding a projected 200 per cent uplift in biodiversity

Stuart Stone
clock 08 November 2024 • 4 min read
'A voluntary approach hasn't been enough': Report argues food producers should be required to invest in the nature they profit from

'A voluntary approach hasn't been enough': Report argues food producers should be required to invest in the nature they profit from

Green Alliance calls for fresh 'obligations and incentives' to encourage food companies to invest more in protecting and restoring natural capital

Stuart Stone
clock 08 November 2024 • 3 min read