View original ↗on climateimpact.com
deal · 28 April 2026
multinational pharmaceutical company ↔ Green Earth
multinational pharmaceutical company: a firm purchase of 1,500,000 t of afforestation/reforestation removal from Green Earth.
SupplierGreen Earth
Tonnes1,500,000 t
Capture pathwayAfforestation/reforestation
Storage mediumecosystem
Commitment typefirm
Deal structureofftake
Source pathway descriptionreforestation and agroforestry of up to 15,000 hectares across Mount Kenya and Aberdare regions, focusing on restoring native tree cover, improving soil and water health, protecting biodiversity, and creating sustainable livelihood opportunities for smallholder farmers
Delivery windowfirst issuance expected in 2027
Project locationMount Kenya and Aberdare regions, Kenya
VerificationVerra (Verified Carbon Standard, validated and registered in 2024); transitioning to VM0047 ICVCM Core Carbon Principles approved ARR methodology
NotesLong-term offtake agreement for full volume of expected verified carbon credits (in excess of 1.5 million tonnes). Buyer name anonymized as 'multinational pharmaceutical company' in source; Climate Impact Partners acted as intermediary/partner to secure the agreement but is not the buyer. Project is nature-based (agroforestry/reforestation).
Durability defaultedtrue
Previous durabilityconventional
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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