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Apple and partners claim first-ever launch of $200 million Restore Fund to accelerate natural solutions to climate change Friday, 16 April 2021 02:03 Apple and partners claim first-ever launch of $200 million Restore Fund to accelerate natural solutions to climate change
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Apple says its investment builds on the company’s forestry and responsible packaging innovations to deliver new financial and climate returns
The world s highest profile technology company has announced a first-of-its-kind carbon removal initiative called the Restore Fund that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors.
Launched with Conservation International and Goldman Sachs, Apple says its $200 million fund aims to remove at least 1 million metric tons of carbon dioxide annually from the atmosphere, equivalent to the amount of fuel used by over 200,000 passenger vehicles, while demonstrating