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The companies, Aspiration and Compassionate Carbon, say they'll work together to create hundreds of millions of dollars' worth of "high-quality nature-based carbon removal credits" from tree restoration projects around the world.
"This crucial partnership will educate, support, and ultimately drive positive climate action with the largest organizations in the world that want to take action and invest in high-quality carbon removal programs with verifiable and lasting co-benefits to local communities and the environment," Bryan Adkins, CEO of Eden Reforestation Projects, says in a press release.
The restoration projects are expected to remove up to 300 million metric tons of carbon from the atmosphere by the end of the next decade, per the Times, which notes that carbon dioxide is the chief greenhouse gas blamed for climate change.
The restoration projects are expected to benefit local communities, wildlife, and the environment, per the press release.
"Aspiration has a unique role in helping companies reach their carbon emissions goals by connecting projects and developers directly with our corporate partners," Olivia Albrecht, CEO of Aspiration, says in the release. Read the Entire ArticleSelected Grant News Headlines
"We have arrived at a new age in climate history, and it is not a moment too soon," writes Matthew Yglesias at Vox.
He's referring to what he calls the "Age of Adoption," a time he says has...more
There's a 10,000-mile gap between the US and the Philippines when it comes to health careand it's about to be filled by a US venture fund.
GMA Ventures, a wholly-owned investment arm of the...more
A Portuguese crowdfunding site that connects investors with social and environmental impact projects has raised more than $1 million in its latest round of funding.
Goparity, which has more than...more
The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people.
Here's what you need to know: The...more
One of the biggest carbon traders in the world is teaming up with one of the biggest tree-huggers to create what the New York Times calls "one of the biggest carbon markets in history."
The...more
Foundation: Coca-Cola Foundation 
Some 23 million children missed out on vaccinations in 2020, the highest number since 2009and 3.7 million more than in 2019.
That's why the Coca-Cola Foundation and Project Last Mile are teaming...more
In the UK, entrepreneurs from underrepresented groups are often shut out of investment opportunitiesuntil now.
That's about to change.
Big Issue Invest, the University of Edinburgh's Social...more
Environmental, social, and governance (ESG) issues have long been considered the No. 1 concern when it comes to potential investment opportunities, but a new report from the Global Impact Investment...more
A new study finds that states boycotting certain companies over environmental, social, and governance (ESG) concerns could cost them as much as $708 million a year in extra borrowing costs.
The...more
When it comes to environmental, social, and governance (ESG) metrics, some say they're the most important factor when investing.
Others, however, say they're just as important if not more...more
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