Apple, partners launch $200M 'Restore Fund' to accelerate ad

Apple, partners launch $200M 'Restore Fund' to accelerate adoption of climate change solution


Apple, partners launch $200M 'Restore Fund' to accelerate adoption of climate change solution
Launched with Conservation International and Goldman Sachs, Apple's $200 million fund aims to remove at least one million metric tons of carbon dioxide annually from the atmosphere.
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iPhone maker Apple recently announced a carbon removal initiative
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 one million metric tons of carbon dioxide annually from the atmosphere, equivalent to the amount of fuel used by over two lakh passenger vehicles while demonstrating a viable financial model that can help scale up investment in forest restoration, a statement said.

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