JPMorgan Chase unveils $200 mln in carbon removal deals

Published 14:07 on May 23, 2023 / Last updated at 08:18 on May 26, 2023 / / Americas (US & Canada), CO2 Management (Engineered Removals), EMEA (Europe), International, Nature-based Carbon (Other NbS), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Governance)

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JPMorgan Chase has signalled one of the world’s biggest corporate commitments to purchasing durable carbon removals, agreeing to spend some $200 million via several long-term deals to buy a total 800,000 tonnes from startups, the US-headquartered bank announced Tuesday.
JPMorgan Chase has signalled one of the world’s biggest corporate commitments to purchasing durable carbon removals, agreeing to spend some $200 million via several long-term deals to buy a total 800,000 tonnes from startups, the US-headquartered bank announced Tuesday.


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