Aspiration Becomes Foundational Investor in Compassionate Carbon to Further Innovation ...


credit: JOHN MCCARRON

One of the biggest carbon traders in the world is teaming up with one of the biggest tree-huggers to create what the New York Times calls "one of the biggest carbon markets in history."

The companies, Aspiration and Compassionate Carbon, say they'll work together to create hundreds of millions of dollars' worth of "high-quality nature-based carbon removal credits" from tree restoration projects around the world.

"This crucial partnership will educate, support, and ultimately drive positive climate action with the largest organizations in the world that want to take action and invest in high-quality carbon removal programs with verifiable and lasting co-benefits to local communities and the environment," Bryan Adkins, CEO of Eden Reforestation Projects, says in a press release.

The restoration projects are expected to remove up to 300 million metric tons of carbon from the atmosphere by the end of the next decade, per the Times, which notes that carbon dioxide is the chief greenhouse gas blamed for climate change.

The restoration projects are expected to benefit local communities, wildlife, and the environment, per the press release.

"Aspiration has a unique role in helping companies reach their carbon emissions goals by connecting projects and developers directly with our corporate partners," Olivia Albrecht, CEO of Aspiration, says in the release. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Energy Transition Accelerator Advances With New Secretariat, Expert Consultative Group
Foundation: Rockefeller Foundation

John Kerry has a new gig, and it's not as high-profile as his old one, but he's still making headlines for it. The former secretary of state announced Tuesday that he'll serve as honorary chair...more

World Earth Day: The Impact of Climate Change on Human Health

As California's wildfires continue to burn, researchers are warning that climate change's effects on the environment may be putting people's skin at risk. In a study published in the American...more

Nrdc, the Black List, the Redford Center, and the Caa Foundation Announce Recipients of ...

"Good stories can change the way we think, feel, and respond to the most important issues of our time," Katy Jacobs, director of entertainment partnerships at the Natural Resources Defense Council,...more

Asu Empowers Students to Build a Thriving Global Future

Arizona State University's general studies requirements have been updated, and one new category is getting a lot of attention: sustainability. The Arizona Republic reports on the changes, which...more

M3F Music Festival Funds Art Programs, Other Nonprofits in Arizona

For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more

Gresb Announces Majority Investment from General Atlantic'S Beyondnetzero Fund to ...

It's a sign of the times: A real estate research firm has been bought by a private equity firm in a deal that values the company at more than $1 billion. The New York Times reports on GRESB's...more

Lauren SăˇNchez Announces Ai Climate Challenge

"By bringing together brilliant minds across fields, we may be able to invent new ways forward." So says Jeff Bezos in announcing the Bezos Earth Fund's $100 million AI for Climate and Nature...more

Unicef Backs Young Innovators To Tackle The Climate Crisis

"The climate time-bomb is ticking. We need to seize the opportunity to invest in credible innovations that can contribute to reaching our global targets," UN Secretary-General Ant ? nio Guterres...more

Climate Consortium Calls for Interdisciplinary Climate Solutions Proposals

"The urgency of the climate crisis demands innovative discoveries in research and the seamless integration of these solutions into our daily lives," Erica Smithwick, director of Penn State's Climate...more

House Financial Services Committee Advances Regulatory Oversight, Financial Innovation ...

The House Financial Services Committee has introduced 13 bills that, if passed, would "nullify a series of gross regulatory oversteps on the part of Biden's regulators," committee chair Patrick...more






Social Entrepreneurship
Spotlight



Why People Buy from Social Enterprises?


The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.