Tag: Restore Fund

Apple’s Restore Fund cultivates new roots in the Atlantic Forest

Stuart Mitchell

In South America’s Atlantic Forest, many suggest that life depends on a mother: the superior matriarch who provides for all. This is true for its plants and animals, and even the trees that tower above, reaching skyward to the sun while providing shade for the life that resides in their underbrush. It is estimated there are 5,000 tree species in existence in the Atlantic Forest today. Of those species, two-thirds are threatened with extinction after centuries of exploitative, extractive practices. Restoring the rainforest — a potential 100 million-acre restoration area…

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Apple and partners launch first-ever $200 million Restore Fund to accelerate natural solutions to climate change

Stuart Mitchell

Apple has announced a first-of-its-kind carbon removal initiative — called the Restore Fund — that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors. Launched with Conservation International and Goldman Sachs, Apple’s $200 million fund aims to remove at least 1 million metric tons of carbon dioxide annually from the atmosphere, equivalent to the amount of fuel used by over 200,000 passenger vehicles, while demonstrating a viable financial model that can help scale up investment in forest restoration.  “Nature provides…

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