Meta to purchase millions of carbon credits from Latin American forests
Meta is aiming to “not exceed” its 2021 Scope 3 emissions (5.7 million tonnes of CO2e) by the end of 2031.
Meta has signed a deal to purchase up to 3.9 million nature-based carbon credits from BTG Pactual Timberland Investment Group’s reforestation project in Latin America.
By 2038, BTG Pactual TIG will deliver at least 1.3 million carbon removal credits to Meta, with the option to provide an additional 2.6 million credits.
