We’re launching a new coalition to scale nature-based carbon removal

May 22, 2024 07:05 PM - 5 months ago 59189

Today we’re announcing that we’re co-founding Symbiosis, a caller conjugation of firm buyers committed to pursuing nan latest subject to standard high-quality, nature-based c removal.

Nature-based c removal projects, for illustration nan restoration of trees and mangroves successful damaged ecosystems, are an important instrumentality to mitigate ambiance alteration and a scalable measurement to region c dioxide from nan atmosphere. But quality is analyzable and dynamic, and it’s afloat of interdependent ecological and economical systems. This intends nan ambiance effect of these projects tin beryllium difficult to measurement and verify, which successful move makes it difficult to standard these projects to their afloat potential.

Symbiosis will activity to lick this by mounting a caller benchmark for best-in-class quality restoration projects that person a precocious certainty of affirmative ambiance impact. We’ll create shared criteria for task creation and measurement, update these criteria based connected nan latest science, and excavation request for c removal credits that meet our precocious bar. We'll besides stock our task criteria publicly, helping different companies to adopt champion practices and summation their assurance successful high-quality, nature-based c removal projects.

We’ll besides bring attraction to different factors that make quality restoration projects truthful compelling — from restoring autochthonal type and wildlife biodiversity to equitably involving and compensating Indigenous and different section communities.

Symbiosis draws from our acquisition co-founding Frontier, which has successfully deployed an precocious marketplace committedness to accelerate breakthrough human-made technologies that tin shop c for complete 1,000 years. Symbiosis will return a akin attack to nan carbon-capturing abilities of quality itself. Both coalitions are an important portion of our extremity to scope nett zero by 2030.

Fellow members of this inaugural see Meta, Microsoft, and Salesforce — pinch much companies expected to subordinate complete time. We’re excited to thief kickstart solutions that will thief america and others scope nett zero.

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