Immediately we’re saying that we’re co-founding Symbiosis, a brand new coalition of company patrons dedicated to following the most recent science to scale high-quality, nature-based carbon removing.
Nature-based carbon removing tasks, just like the restoration of bushes and mangroves in broken ecosystems, are an necessary device to mitigate local weather change and a scalable strategy to take away carbon dioxide from the ambiance. However nature is complicated and dynamic, and it’s filled with interdependent ecological and financial techniques. This implies the local weather affect of those tasks might be onerous to measure and confirm, which in flip makes it troublesome to scale these tasks to their full potential.
Symbiosis will work to resolve this by setting a brand new benchmark for best-in-class nature restoration tasks which have a excessive certainty of optimistic local weather affect. We’ll develop shared standards for mission design and measurement, replace these standards primarily based on the most recent science, and pool demand for carbon removing credit that meet our excessive bar. We’ll additionally share our mission standards publicly, serving to different corporations to undertake finest practices and enhance their confidence in high-quality, nature-based carbon removing tasks.
We’ll additionally convey focus to different components that make nature restoration tasks so compelling — from restoring native species and wildlife biodiversity to equitably involving and compensating Indigenous and different native communities.
Symbiosis attracts from our expertise co-founding Frontier, which has efficiently deployed a sophisticated market dedication to speed up breakthrough human-made applied sciences that may retailer carbon for over 1,000 years. Symbiosis will take an analogous strategy to the carbon-capturing talents of nature itself. Each coalitions are an necessary a part of our aim to achieve internet zero by 2030.
Fellow members of this initiative embody Meta, Microsoft, and Salesforce — with extra corporations anticipated to affix over time. We’re excited to assist kickstart options that may assist us and others attain internet zero.
