April 22, 2021 Apple is starting the first fund of its kind. One that tries to simultaneously produce financial profits and environmental benefits. Nature-based solutions to climate change are having a moment, and Apple is riding the trend with a $200 million fund dedicated to related investments. The tech titan has invested in protecting forests for some time, but last week it launched a new venture in collaboration with Conservation International that is dedicated to reducing greenhouse gas emissions, restoring biodiversity and addressing other climate crises while also producing a financial gain for the company. The Restore Fund money will go to investing in working forests to transition them to more sustainable management practices that will sequester more carbon from the atmosphere to balance Apple’s carbon footprint in its hardware supply chain, while the timber production will produce financial profits for Apple as an investor. Goldman Sachs will act as fund manager — setting up the initial fund, finding investments and covering due diligences — but most of the money is coming from Apple and Conservation International.