Google to buy carbon credits from massive Amazonian reforestation project

Group 1 - Google is purchasing 200,000 metric tons of carbon removal from Mombak, a Brazilian forest restoration company, which involves reforesting farmland in the Amazon [1] - The deal is part of the Symbiosis Coalition, an advance market commitment aimed at developing a market for nature-based carbon removal, supported by major companies including Google, McKinsey, Meta, Microsoft, and Salesforce [2] - Nature-based carbon removal projects face challenges such as vulnerability to wildfires and difficulties in ensuring long-term viability, despite their potential to effectively reduce CO2 levels [3] Group 2 - Nature-based projects offer benefits such as replenishing aquifers and supporting biodiversity, which direct air capture technologies cannot achieve [4] - Google plans to utilize its DeepMind PerchAI to quantify the biodiversity benefits associated with the carbon removal project [4]