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Microsoft signs another reforestation-based carbon removal megadeal

Microsoft and nature-based climate solutions startup re.green have announced one of the largest-ever carbon removal agreements, with Microsoft purchasing 3 million tons of carbon removal credits over a 15-year period, generated through re.green’s reforestation projects in Brazil. The deal marks the second large-scale Brazil reforestation-focused carbon removal agreement for Microsoft, following a 1.5 million ton offtake deal with Brazil-based Mombak in December 2023, forming part of the tech giant’s initiative to become carbon negative by 2030.

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Microsoft pledges $500 million for affordable housing in Seattle area

Microsoft’s money represents the most ambitious effort by a tech company to directly address the inequality that has spread in areas where the industry is concentrated. It will fund construction for homes affordable not only to the company’s own non-tech workers, but also for teachers, firefighters, and other middle- and low-income residents.

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