Apple Unveils a $200 Million Climate-Cleaning Fund
What’s the New Apple Initiative?
Apple’s “Restore Fund” is stepping up the green game by teaming up with Conservation International and Goldman Sachs to slash up to 1 million metric tons of CO₂ annually—roughly the fuel burned by over 200,000 cars.
How the Fund Works
- It’s not just about planting trees; the fund targets projects that prove they’re profitable while being planet‑wise.
- These projects aim to attract more investors who want a carbon‑negative payoff “in addition to a decent dividend.”
Apple’s Epic Statement
Lisa Jackson, Apple’s VP of Environment, Policy, and Social Initiatives, put it like this: “Nature gives us the best tools for pulling carbon out of the air—forests, wetlands, and grasslands lock it in soil and bark forever.”
She added, “By creating a fund that earns money and removes carbon, we hope to inspire a bigger wave of global investment in carbon removal. Other like‑minded companies can jump on board and help protect vital ecosystems.”
Why This Matters for Apple’s Future
Apple’s long‑term goal is 100 % carbon neutrality by 2030. The company plans to eliminate 75 % of its own emissions and use the remaining 25 % for projects like this to keep greenhouse gases from the sky.
Keeping the Gains Real
The Restore Fund will rely on strict, recognized standards—Verra, the Intergovernmental Panel on Climate Change (IPCC), and the UN Climate Convention—to ensure the trees truly stay locked up and the measurements are accurate.
Originally Published by Hardware Zone
First published in Hardware Zone; no external links included.
