Saturday 4 September 2021

AMAZON PARTNERS THE NATURE CONSERVANCY, INVESTS IN NATURE-BASED CARBON REMOVAL SOLUTIONS IN BRAZIL

KUALA LUMPUR, Sept 3 (Bernama) -- As part of its efforts supporting global solutions to the climate crisis, Amazon has announced the launch of the Agroforestry and Restoration Accelerator, in partnership with The Nature Conservancy, a global environmental organisation.

The Accelerator will create a more sustainable source of income for thousands of local farmers in the Brazilian Amazonian state of ParĂ¡, while also restoring native rainforests and fighting climate change by naturally trapping and storing carbon.

According to the Intergovernmental Panel on Climate Change, nature-based solutions have a critical role to play in avoiding the worst effects of climate change. Governments and the private sector can both reduce carbon emissions and remove carbon from the atmosphere by investing in nature-based solutions at scale.

The Agroforestry and Restoration Accelerator is one such carbon removal project, and part of Amazon’s commitment to meeting The Climate Pledge, which the company co-founded with Global Optimism. Signatories to the Pledge commit to reaching net-zero carbon by 2040—10 years ahead of the Paris Agreement.

As part of its commitment to meet The Climate Pledge, Amazon is first and foremost continuing to innovate and invest in decarbonising its businesses, having purchased 100,000 electric delivery vehicles, and is the world’s largest corporate buyer of renewable energy.

“Restoring the world’s forests is one of the most meaningful actions we can take right now to address climate change, and it will require innovative solutions to be successful,” said Amazon worldwide sustainability vice president, Kara Hurst, in a statement.

“We are proud to launch the Agroforestry and Restoration Accelerator in partnership with The Nature Conservancy to support solutions that prioritise high environmental integrity and strong community benefits.”

The Nature Conservancy CEO, Jennifer Morris, said: “This new partnership with Amazon will allow us to provide the resources and technical assistance needed to advance this programme and demonstrate that regenerative agroforestry and carbon markets are viable business models for communities in the Amazon.”

For more information on Amazon’s commitment to sustainability, visit: https://sustainability.aboutamazon.com.

-- BERNAMA

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