Showing posts with the label #Restore Fund

Apple Invests in Forests to Fight CC

  $200 Million Forest Restore Fund Source:  Forest Stock Image Green, Profitable Forests To Remove Carbon Dioxide From the Air Apple is creating a $200 million fund that will invest in timber producing "Working Forests, managed specifically to remove carbon dioxide from the atmosphere.  Apple is partnering with the non-profit Conservation International on what it calls the Restore Fund, which will be managed by Goldman Sachs.  Besides fighting Climate Change, the forests will also generate a profit. Apple Fighting Climate Change The forests that the Restore Fund will invest in will produce commercial timber, be profitable and through proper forest restoration and management remove carbon dioxide.  Apple's goal for the Working Forests program is to remove one million metric tons of carbon dioxide every year.  Another objective is to demonstrate that sustainable forests and carbon removal can be profitable.   Multifaceted Green Approach The Restore Fund is a new initiative by Ap