Amazon Announces Investment in Nature-Based Carbon Removal Solutions in Brazil with The Nature Conservancy
As part of its efforts to support global solutions to the climate crisis, Amazon announced the launch of the Agroforestry and Restoration Accelerator in partnership with The Nature Conservancy, a global environmental organization. The Accelerator will create a more sustainable source of income for thousands of local farmers in the Brazilian Amazonian state of Pará, while also restoring native rainforests and fighting climate change by naturally trapping and storing carbon. According to the Intergovernmental Panel on Climate Change, nature-based solutions have a critical role to play in avoiding the worst effects of climate change. Governments and the private sector can both reduce carbon emissions and remove carbon from the atmosphere by investing in nature-based solutions at scale. The Agroforestry and Restoration Accelerator is one such carbon removal project, and part of Amazon’s commitment to meeting The Climate Pledge, which the company co-founded with Global Optimism. Signatories to the Pledge commit to reaching net-zero carbon by 2040—10 years ahead of the Paris Agreement.