Amazon Inc. Investing in the Amazon Forest
As part of its commitment to The Climate Pledge — reaching net-zero carbon by 2040 — Amazon has invested in the Agroforestry and Restoration Accelerator, a new nature-based carbon removal initiative. The initiative kicks off in the Brazilian state of Pará, home to 9% of the world’s tropical forest. Pará is facing unprecedented deforestation rates—losing 3,300 acres of forest land every day over the last year. Amazon is working closely with The Nature Conservancy and other local partners to help small-scale farmers restore degraded cattle pastures to native forest and agroforestry. The Accelerator provides farmers with sustainable income through the sales of cocoa and other crops, and will support 3,000 farmers in restoring approximately 20,000 hectares of land—a land mass approximately the size of Seattle—within three years. The goal of the Accelerator is to develop solutions that rapidly scale from initial investment to millions of hectares of degraded pasture with reforestation and agroforestry potential, improving livelihoods in local communities now and for future generations. Join the conversation with Jamey Mulligan, Senior Scientist at Amazon. Reference: The Leaf Coalition.
Recorded May 16, 2022
References:
Forest Positive Cocoa in the Amazon
Back to its roots: how is a cocoa revival helping restore the Brazilian Amazon?
Amazon pledges support to forests and communities in the Brazilian Amazon
New initiative aims to boost restoration, agroforestry, and carbon sequestration in the Amazon
Amazon joins global initiative to protect tropical rainforests
