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The two companies are also working on certifying carbon removal generated through ABACUS
Over 420 million hectares of forest have been lost since 1990, including 25.8 million hectares in 2020 alone, double the amount of forested land lost in 2001. In 2022, 4.1 million hectares of tropical forest were lost. All of this winds up contributing significantly to global carbon emissions.
Founded in 2015, Viridis Terra aims to reverse these alarming trends. It provides local communities living on unproductive lands with biotechnologies to restore productivity and assist in carbon removal.
On Wednesday the company announced a new collaborator for its agroforestry initiative in the Peruvian Rainforest: Amazon. Together, the two entities focus on restoring degraded lands in the Ucayali and Loreto regions.
The company's Integrated Forest Landscape Restoration (IFLR) is scalable and offers substantial benefits that include nature-based solutions for climate change, carbon neutrality, and biodiversity; integration of IP-protected biotechnology and sustainable land management models; and scalable land restoration enabled by our proprietary software platform and automated processes.
Viridis Terra’s collaboration with Amazon is a testament to its position as a leader in combating climate change and capitalizing on the substantial investments aimed at reversing ecological crises. Going forward, Viridis Terra aims to scale beyond Peru to other countries in Latin America.
"We are thrilled to work with Amazon in scaling up our integrated forest landscape restoration activities," Martin Beaudoin Nadeau, founder and CEO of Viridis Terra, said in a statement.
"This collaboration is a significant milestone in transforming the nature-based carbon removal sector, creating lasting positive impacts on the environment and local communities."
(Image source: viridisterra.com)
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