February 1, 2021
Forests of giant kelp, Macrocystis pyrifera, commonly grow in the cold waters along the coast of California. Photo courtesy of Shutterstock
This article originally appeared in the State of Green Business 2021. You can download the entire report here.
Over the past few years, as companies have come under steadily increasing pressure to tackle climate change, nature-based solutions have emerged as a particularly exciting method for shrinking corporate carbon footprints. Investing in forests can be a win-win that both sequesters carbon and regenerates nature. That’s why one recent survey recorded almost $160 million spent on forest offsets in 2019. And a newer option, soil carbon, also is generating investment from multiple corporate sectors.