Apple Starts Reforestation Fund to Eliminate CO2
“forest” by barnyz is licensed under CC BY-NC-ND 2.0
Apple is starting a reforestation fund to remove CO2. Along with Conservation International and Goldman Sachs, they have launched a $200 million initiative to remove CO2 by restoring forests. They are attempting to remove a minimum of 1 million metric tons of CO2 each year. The company is conducting the fund based on standards from the UN Climate Convention, Verra, and the Intergovernmental Panel on Climate Change and has stated that they are focusing on working forests that help biodiversity. Their end goal is to become carbon neutral by 2030.
As noted by Apple, this might lead other companies to follow suit and go carbon neutral or negative when it wasn’t an option before.
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