View original ↗on businesswire.com
deal · 18 September 2024
Meta ↔ BTG Pactual Timberland Investment Group
Meta: a firm purchase of 1,300,000 t of afforestation/reforestation removal from BTG Pactual Timberland Investment Group.
BuyerMeta
Tonnes1,300,000 t
Capture pathwayAfforestation/reforestation
Storage mediumecosystem
Durabilityconventional, under 100 years
Durability basisseed-curated
Commitment typefirm
JurisdictionBrazil
Deal structureofftake
Source pathway descriptionNature-based restoration/reforestation credits from Latin America timberland strategy
Delivery windowThrough 2038
Project locationLatin America (Brazil-centered)
Notes1.3M t firm contract plus options for additional 2.6M t (up to 3.9M total). Meta's largest single-project carbon removal transaction; direct (non-Frontier).
Confidencehigh
Stated jurisdictionBR
Watch these companies, see every deal like this, or ask about it.
A free account searches the whole database and saves records. Pro adds Ask, a watch list, totals, exports and the plugin for Claude and ChatGPT. New accounts get 14 days of Pro, no card needed.