Microsoft Goes Big In Brazil’s Voluntary Carbon Credit Market
January 8, 2024
Microsoft Corp is making a big move into Brazil’s voluntary carbon market with a deal to buy credits from a large-scale project to reforest degraded parts of the Amazon.
Amazon: farm in Pará sets an example in recovering degraded areas
January 8, 2024
The Amazon Summit wants to draw attention to the potential of an untapped market that can help recover deforested areas.
Stimulating green economies is at the center of discussions, and one issue that is gaining prominence is the carbon credit market.
AXA fund to invest $49 million in Brazil reforestation projects
July 27, 2023
An alternative investment vehicle controlled by French insurer AXA (AXAF.PA) said on Tuesday it will inject $49 million into reforestation projects in Brazil led by local startup Mombak.
New venture, with Conservation International as an impact adviser, will help boost supply of high-quality carbon removal credits while creating social, economic, and environmental value