Big Tech bets on carbon credits as AI climate impact grows
Nature-based projects to remove CO2 from the atmosphere are often criticised for exaggerating their positive impacts, but the Symbiosis Coalition hopes to raise quality standards.
Google, Meta, Microsoft and Salesforce have launched a coalition to develop 20 million tonnes of carbon credits from nature-based projects by 2030, at a time when AI-related emissions are beginning to weigh heavily on tech's carbon footprint.
The Symbiosis Coalition aims to facilitate the âlargest ever advance market commitmentâ for nature-based carbon removals, sending a strong demand signal to accelerate the development of nature restoration projects that can support decarbonisation goals.
