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Amazon to funnel €20m into nature-based climate projects across Europe

Amazon to funnel €20m into nature-based climate projects across Europe
businessgreen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessgreen.com Daily Mail and Mail on Sunday newspapers.

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How nature can help carbon-intensive companies meet their net-zero commitments


May 25, 2021
You are here: Home / World Economic Forum / How nature can help carbon-intensive companies meet their net-zero commitments
How nature can help carbon-intensive companies meet their net-zero commitments
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Michael B. Jenkins, President and Chief Executive Officer, Forest Trends
For hard-to-abate sectors like transport, energy and aviation, tropical forests are a key tool for setting and following through on ambitious net-zero climate commitments.
The new LEAF Coalition offers a high-integrity platform for public-private co-investment in forests at the scale necessary to support Paris Agreement targets. ....

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Amazon Issues $1 Billion Sustainability Bond


Amazon Issues $1 Billion Sustainability Bond
(Photo Credit: Amazon)
Amazon has announced the issuance of a $1 billion sustainability bond. The proceeds will be used to fund projects in five areas, building on significant investments Amazon has made over the years: renewable energy, clean transportation, sustainable buildings, affordable housing, and socioeconomic advancement and empowerment.
This is part of Amazon’s new Sustainable Bond Framework, which details how the company investing to drive a positive impact on society and to help advance new technologies that decarbonize and preserve the natural world. At Amazon, we are committed to using our scale for good. Amazon continues to stimulate investment in the development of green technologies and low carbon products and services that will enable companies of all sizes to decarbonize their operations. ....

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Apple creates $200 million fund for nature-based climate solutions


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 a ....

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