HOUSTON, June 11, 2024 (VSNewsNetwork.com) - Anew Climate, LLC, a company specializing in diverse climate solutions, has entered into an agreement with Microsoft to supply more than 970,000 nature-based carbon removal credits. This initiative aligns with Microsoft’s goal of becoming carbon negative by 2030. The carbon credits will be sourced from Anew Climate’s North American improved forest management projects, including forestlands owned by Aurora Sustainable Lands, Acadian Timber Corp., and Baskahegan Company.
Anew Climate focuses on preserving and sustainably managing forest properties, which contribute to reducing net carbon emissions and removing carbon from the atmosphere. Through its Environmental Products business segment, the company offers carbon removal credits generated from tree growth within its extensive forestry portfolio to organizations such as Microsoft.
“Anew is proud to be part of Microsoft’s sustainability journey. Microsoft is a shining example among climate-conscious companies and known for its rigorous due diligence and focus on quality,” said Lizzie Aldrich, Vice President of Business Development at Anew Climate. “At Anew, we are leading the way to help companies and landowners achieve meaningful, positive change for the climate.”
Brian Marrs, Senior Director of Energy and Carbon Removal at Microsoft, emphasized the importance of the partnership, stating, “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.”
Nature-based solutions, including improved forest management and afforestation, are significant in climate mitigation efforts, with the potential to contribute about one-third of the necessary activities to meet global climate goals. Over the past decade, more than 10 million acres have been conserved through market-based incentives, surpassing the rate of conservation achieved through traditional easements since the establishment of modern land trusts approximately 60 years ago.
For more information about Anew Climate and its initiatives, visit anewclimate.com.
Source: Anew Climate via Newswire