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The companies, Aspiration and Compassionate Carbon, say they'll work together to create hundreds of millions of dollars' worth of "high-quality nature-based carbon removal credits" from tree restoration projects around the world.
"This crucial partnership will educate, support, and ultimately drive positive climate action with the largest organizations in the world that want to take action and invest in high-quality carbon removal programs with verifiable and lasting co-benefits to local communities and the environment," Bryan Adkins, CEO of Eden Reforestation Projects, says in a press release.
The restoration projects are expected to remove up to 300 million metric tons of carbon from the atmosphere by the end of the next decade, per the Times, which notes that carbon dioxide is the chief greenhouse gas blamed for climate change.
The restoration projects are expected to benefit local communities, wildlife, and the environment, per the press release.
"Aspiration has a unique role in helping companies reach their carbon emissions goals by connecting projects and developers directly with our corporate partners," Olivia Albrecht, CEO of Aspiration, says in the release.
Read the Entire ArticleSelected Foundation News
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Foundation: Kellogg Foundation
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Bryant University in Rhode Island will bestow an honorary degree on one of Africa's most prominent philanthropists during its May Commencement ceremony, the Providence Journal reports.
Tsitsi...more
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Florida's St.
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The St.
Petersburg Times reports the Tampa Bay Rays...more
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The...more
Foundation: Community Foundation of Greater Lafayette
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The...more
Foundation: Community Foundation for Southeast Michigan
Detroit's Rose's Fine Food closed its doors last year, but that didn't stop former owner Molly Mitchell from pursuing a career in culinary education.
Now she's at the helm of the city's Downtown...more
The Arc of Jefferson/Clearfield Counties and the Punxsutawney Area Historical & Geneological Society have each received a $500 bonus grant from the Punxsutawney Area Community Foundation in order to...more
Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.