Asia Pacific > COP27: Southeast Asian nature-based carbon removal venture to kick off in the Philippines

COP27: Southeast Asian nature-based carbon removal venture to kick off in the Philippines

Published 18:23 on November 17, 2022  /  Last updated at 18:23 on November 17, 2022  / Paddy Gourlay /  Asia Pacific, International, Nature-based, Voluntary  /  No Comments

A new nature-based carbon removal initiative for Asia was launched at COP27 on Thursday, starting with an initial $15 million investment in the Philippines that will restore 33,000 hectares of land and capture more than 4 mln tonnes of CO2.

A new nature-based carbon removal initiative for Asia was launched at COP27 on Thursday, starting with an initial $15 million investment in the Philippines that will restore 33,000 hectares of land and capture more than 4 mln tonnes of CO2.

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