Pachama Gets Backing from Shopify to Pioneer Groundbreaking Reforestation Initiative in Brazil’s Atlantic Forest
Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest.
- Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest.
- Getting Shopify’s support marks a significant milestone in Pachama’s journey to bring more high-quality reforestation projects to market.
- The Atlantic Forest, renowned for its unparalleled biodiversity, has faced severe deforestation, with only 12% of its original expanse remaining.
- Furthermore, the initiative will establish a vital wildlife corridor between two remaining forest patches, fostering the unrestricted movement of native animal species.