Microsoft's Latest CDR Purchase Agreement
Microsoft has recently made a significant move by agreeing to purchase 350,000 carbon dioxide removal credits (CDRs) over six years from an agroforestry project in Kenya. The Lake Victoria Watershed Agroforestry Project, managed by Catona Climate, aims to prevent deforestation and biodiversity loss by creating "forest gardens" on lands owned by 15,000 smallholders in Homa Bay, Kenya. This initiative, funded and managed by Catona in collaboration with Trees for the Future, not only focuses on carbon removal but also supports biodiversity and benefits local communities.
Series of CDR Purchase Agreements
This deal is part of a series of agreements that Microsoft has entered into in recent months to fulfill its commitment to becoming a carbon-negative company by 2030. Prior to this agreement, Microsoft had signed deals with Swiss startup Neustark for 27,600 CDRs over six years, with Grassroots Carbon for soil-based CDRs over 30 years, and with Chestnut Carbon for 362,000 CDRs over 15 years.
Microsoft's Carbon-Neutral Goals
Microsoft's ambitious goal is to remove all the carbon it has emitted since its inception in 1975 by the middle of the century. These efforts align with the company's commitment to sustainability and environmental responsibility.
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