By Matt Grossman

 

Amazon.com Inc. will invest in natural carbon-removal projects in Brazil in a partnership with The Nature Conservancy, the online retail giant said Thursday.

The company's initial investment will support the restoration of small farms' degraded cattle pastures to native forest and agroforestry, Amazon said. That project would restore about 20,000 hectares of land within three years and remove up to 10 million metric tons of carbon dioxide from the atmosphere through 2050, according to Amazon.

The agroforestry systems in the project also would help support farmers through the sale of cocoa and other crops, Amazon said.

The initial project will take place in the Brazilian state of Para, which is crossed by the Amazon River.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

September 02, 2021 06:31 ET (10:31 GMT)

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