Microsoft Purchases Nearly 1 Million Tons of Nature-based Carbon Removal Credits from Anew

On 11 Jun 2024 Microsoft and climate solutions provider Anew Climate announced a new nature-based carbon removal purchase agreement, with Anew delivering more than 970,000 tons of carbon removal credits generated from improved forest management projects across the U.S. Founded in 2001, and majority-owned by alternative asset manager TPG’s impact investing platform TPG Rise, Texas-based Anew provides climate solutions aimed at helping companies to reduce their carbon footprints and help restore the environment, including technological and nature-based solutions, and marketing of environmental credits for low carbon fuel, carbon, renewable energy, and emissions markets. Resources: https://www.esgtoday.com/microsoft-purchases-nearly-1-million-tons-of-nature-based-carbon-removal-credits-from-anew/