View original ↗on financialpost.com
deal · 25 June 2025
Microsoft ↔ Anew Climate
Microsoft: a firm purchase of 4,800,000 t of improved forest management removal from Anew Climate.
BuyerMicrosoft
SupplierAnew Climate
Tonnes4,800,000 t
Capture pathwayImproved forest management
Storage mediumecosystem
Commitment typefirm
Deal structureofftake
Source pathway descriptionNature-based carbon removal credits through Improved Forest Management (IFM) utilizing next-generation IFM v2.1 protocol with dynamic baselines, enhanced additionality and monitoring requirements, improved quantification accuracy, and increased transparency. Projects utilize machine learning, high-resolution satellite imagery, drone data, and ground-based field measurements for ongoing location-sp
Storage descriptionPerpetual working forest easements and covenants on forestland in New York, Virginia, West Virginia, Kentucky, and Florida; over 425,000 acres of forestland protected.
Delivery window2025-2035 (10-year agreement with material volumes beginning in 2025)
Project locationNew York, Virginia, West Virginia, Kentucky, and Florida, United States
VerificationACR (American Carbon Registry) - under IFM v2.1 protocol
NotesProjects owned and managed by Aurora Sustainable Lands. Agreement described as 'landmark' and sets new standard for nature-based carbon removals. Largest permanent working forest protection project in the eastern U.S. in two decades. Aurora Sustainable Lands is a joint venture between Anew Climate and equity investors led by Oak Hill Advisors, AB CarVal, EIG and GenZero.
Durability defaultedtrue
Previous durabilityconventional
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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