Microsoft Secures Deal To Restore Amazon Rainforest and Offset AI Emissions

Microsoft will pay to restore parts of Brazil's Amazon and Atlantic forests [non-paywalled source] in exchange for hundreds of millions of dollars' worth of carbon credits, becoming the latest Big Tech player to bet that nature-based solutions can offset an artificial intelligence-driven surge in greenhouse gas emissions. Financial Times: The $3.2tn US company told the Financial Times it had signed a deal to buy 3.5mn credits over 25 years from Re.green, a Brazilian start-up which buys up farming and cattle land. It restores the land by planting native tree species, in projects financed through carbon credits and timber sales. Neither company disclosed a value for the deal, but recent market analysis suggests it could be worth around $200mn. Microsoft's recent dealmaking has made it one of the biggest buyers of nature-based carbon removals globally. The deal comes as groups including Microsoft, Google and Amazon invest heavily in data centres to cope with the huge demand stemming from the growth of generative AI. But the buildout is leading to a surge in their energy usage and complicating their pledges to investors to curb emissions.

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