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Apple announces investments to restore Atlantic Forest

The Elite Times TeamBy The Elite Times TeamMarch 19, 2024No Comments2 Mins Read
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Tech giant Apple has announced it will invest $80 million in a reforestation project in Brazil’s Atlantic Forest biome, highlighting the company’s commitment to environmental sustainability. Apple is working with Taiwan Semiconductor Manufacturing Company (TSMC) and Japanese parts supplier Murata Manufacturing Co., Ltd. to restore degraded land in one of the world’s most biodiverse ecosystems and combat climate change. I promised to fight.

The Atlantic Forest has lost an estimated 80% of its original forest to deforestation and agricultural expansion. There are an estimated 5,000 tree species in this biome, two-thirds of which are endangered. Efforts to protect and restore the Atlantic Forest are therefore important not only for carbon sequestration, but also for preserving unique plant and animal species found nowhere else on Earth.

Apple will initially focus on Trancoso, in the northeastern state of Bahia. The company plans to plant more than 1 million new trees across 1,000 hectares of Atlantic Forest land between now and the end of the year.

Back in 2020, Apple pledged to make all of its products completely “carbon neutral” by 2030, but experts are unsure about the effectiveness of the neutrality or “net zero” promise. do not have. Ecologist Maureen Santos said in January: brazil report The idea of ​​offsetting emissions through reforestation efforts is questionable. “The carbon emitted by burning fossil fuels is different from the carbon removed by forest-based offset schemes,” she explained.

He added that net zero poses a threat to environmental protection because it does not lead to real emissions reductions.

The Atlantic Forest project is part of Apple’s Restore Fund, announced in 2021, aimed at expanding nature-based solutions to combat climate change. In partnership with Goldman Sachs and Conservation International, Restore Fund will work with Brazil “with the aim of delivering benefits far beyond carbon, from strengthening local livelihoods to enhancing biodiversity.” The company said it has invested in three carbon removal projects across Paraguay.

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