Amazon Invests In One Of The World’s Largest Carbon Removal Projects, Creating 11 000 Jobs And Restoring Nature

11 000 jobs to be created in South Africa by the carbon plan of the world’s largest online retail company

The retail corporation recently disclosed its intention to purchase carbon removal credits generated over a decade and totaling 1.95 million tons from the nature-based carbon removal program in South Africa’s Eastern Cape. The World Bank, an international development organization, successfully introduced the Spekboom Outcome Bond, facilitated by the corporation’s long-term commitment. This initiative provides investors with assurance regarding t…

Amazon Invests In One Of The World’s Largest Carbon Removal Projects, Creating 11 000 Jobs And Restoring Nature

The hills in South Africa’s Eastern Cape are connected to the families who live there. Farmers grow their crops in the soil while animals graze on the vegetation. But over time, the Albany thicket covering large parts of the landscape has disappeared. Years of land use have left it struggling to support nature and the communities that depend on it. Amazon has announced it is investing in one of the world’s largest nature-based carbon removal pro…