- Climate solutions provider Anew Climate and U.S. forestry-focused carbon removal platform Aurora Sustainable Lands announced a new agreement with JPMorganChase for the purchase of over 85,000 tons of carbon removal credits, generated through improved forest management (IFM) projects across U.S. forestlands and incorporating dynamic baselining methodologies.
- Aurora, a joint venture between Anew Climate and equity investors led by Oak Hill Advisors, AB CarVal, EIG and GenZero, invests in industrially harvested forests to deliver high-integrity, verifiable carbon credits.
- The company has acquired more than 1.7 million acres of U.S. forestland with a history of industrial logging, which it manages with a carbon stewardship strategy focused on maximizing natural carbon removal and storage potential.
Read the full news here: JPMorgan Signs 85,000 Ton Forest-Based Carbon Removal Deal