sur Anew Climate, LLC
TotalEnergies Invests in Sustainable Forestry Operations to Preserve Carbon Sinks
TotalEnergies has signed a $100 million agreement with Anew Climate and Aurora Sustainable Lands to protect forests from heavy timber harvesting. The investment will support Improved Forest Management practices across 20 carbon projects, covering 300,000 hectares in 10 U.S. states. Anew Climate and Aurora will oversee operations to ensure high standards of additionality and durability.
The environmental benefits expect to include the preservation of natural carbon sinks, improvement of water and soil quality, biodiversity protection, and habitat conservation. Carbon credits generated will be acquired by TotalEnergies and retired beyond 2030. The credits will offset part of its remaining direct Scope 1 & 2 emissions.
TotalEnergies supports the U.S. Government Voluntary Carbon Markets Principles, aligning its actions with principles of integrity, transparency, and environmental protection. The company is committed to enhancing transparency in voluntary carbon markets through this partnership.
R. H.
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