Apple Launches $200 Million 'Restore Fund' to Remove Carbon From Atmosphere

Apple today announced a "first-of-its-kind carbon removal initiative" called the Restore Fund that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors.

apple restore fund hero01 04152021 Full Bleed Image
Launched with Conservation International and Goldman Sachs, Apple says the $200 million fund aims to remove at least one million metric tons of carbon dioxide annually from the atmosphere, equivalent to the amount of fuel used by over 200,000 passenger vehicles, with a viable financial model aimed at increasing investment in forest restoration.

Apple says this effort is part of the company's goal to become carbon neutral across its entire "value chain" by 2030. Apple plans to directly eliminate 75 percent of emissions for its supply chain and products by 2030, while the fund will help address the remaining 25 percent of Apple's emissions by removing carbon from the atmosphere.

Apple's environmental chief Lisa Jackson:

Nature provides some of the best tools to remove carbon from the atmosphere. Forests, wetlands, and grasslands draw carbon from the atmosphere and store it away permanently in their soils, roots, and branches. Through creating a fund that generates both a financial return as well as real, and measurable carbon impacts, we aim to drive broader change in the future — encouraging investment in carbon removal around the globe. Our hope is that others share our goals and contribute their resources to support and protect critical ecosystems.

As part of this initiative, Apple and Conservation International have partnered with local conservation organizations in Kenya to restore degraded savannas in the Chyulu Hills region. If similar efforts are scaled up across Africa, Apple says savannah restoration could remove hundreds of millions of tons of carbon from the atmosphere each year.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Top Rated Comments

Scipster Avatar
41 months ago
Good for Apple! Slightly more than $1 per purchase til Earth Day.

Now this will make a difference :)
Score: 11 Votes (Like | Disagree)
Agit21 Avatar
41 months ago
Why not 300 million Tim Apple?!
Score: 10 Votes (Like | Disagree)
JEY Avatar
41 months ago
There is nothing more important. Every little bit helps...
Score: 10 Votes (Like | Disagree)
TheYayAreaLiving ?️ Avatar
41 months ago
THis is definitely good move by Apple.
Score: 9 Votes (Like | Disagree)
telo123 Avatar
41 months ago
Awaiting for the trolls to say, “Oh my god, Apple is a trillion dollar company, they should donate MORE!”

As if they ever contributed anything :D

but for my own opinion, good move Apple!!
Score: 8 Votes (Like | Disagree)
Kabeyun Avatar
41 months ago
Another good move. And as a preemptive reply to the anticipated snark, just because Apple doesn’t do everything right doesn’t diminish efforts to do some things right. As far as major corporations go, and certainly versus competitors, Apple has come a long way ('https://www.businessinsider.com/apple-greenest-tech-company-greenpeace-2017-1?op=1') since being lambasted ('https://www.cnet.com/news/greenpeace-apple-clash-over-toxic-waste/') by Greenpeace, and is without question a leader in moving towards environmental responsibility.
Score: 8 Votes (Like | Disagree)

Popular Stories

iphone se 4 modified flag edges

When to Expect the Next iPhone SE to Launch

Friday May 17, 2024 2:03 pm PDT by
It has been over two years since Apple released the third-generation iPhone SE, and rumors continue to surface about a new model. The latest word comes from The Information, which today reported that Apple plans to release a new iPhone SE with a design similar to the standard iPhone 14 in the spring of 2025. If this rumor is accurate, the iPhone SE would finally gain Face ID and a notch...
iOS 17

iOS 17.5 Bug May Also Resurface Deleted Photos on Wiped, Sold Devices [Updated]

Friday May 17, 2024 12:24 pm PDT by
A bug in iOS 17.5 is apparently causing photos that have been deleted to reappear, and the issue seems to impact even iPhones and iPads that have been erased and sold off to other people. A Reddit user wiped an iPad following Apple's guidelines in September of 2023 before selling it off to a friend. That friend updated the iPad to iPadOS 17.5 this week, and began seeing the Reddit user's old ...
iphone se 4 modified flag edges

iPhone SE 4 With Face ID Said to Be Priced Below $500

Monday May 20, 2024 3:43 am PDT by
Apple is targeting a sub-$500 starting price for its upcoming fourth-generation iPhone SE model despite a raft of rumored upgrades coming to the more affordable device. According to leaker Revegnus on X, the U.S. launch price of the fourth-generation iPhone SE will either remain at the same $429 starting price as the current model, or will see an increase of around 10%. Either way, Apple's...
iOS 17

Apple Releases iOS 17.5.1 With Fix for Reappearing Photos Bug

Monday May 20, 2024 10:11 am PDT by
Apple today released iOS 17.5.1 and iPadOS 17.5.1, minor updates to the iOS 17 and iPadOS 17 operating system updates that came out last September. The 17.5.1 updates come a week after the launch of iOS 17.5 and iPadOS 17.5. iOS 17.5.1 and iPadOS 17.5.1 can be downloaded on eligible iPhones and iPads over-the-air by going to Settings > General > Software Update. According to Apple's...
iPhone 16 Camera Lozenge 2 Perspective

iPhone 16 Lineup Rumored to Come in These Two New Colors

Sunday May 19, 2024 11:08 am PDT by
Apple analyst Ming-Chi Kuo today outlined his expectations for the iPhone 16 lineup's color options, revealing that two new colors should replace two of the existing shades. Kuo outlined his expectations in a post on X (formerly Twitter) earlier today. He believes that the iPhone 16 Pro and iPhone 16 Pro Max will be available in black, white or silver, gray or "Natural Titanium," and rose....
oled m4 ipad pro grainy display reports

OLED iPad Pro Users Report 'Grainy' Displays, But It May Not Be a Defect

Friday May 17, 2024 5:57 am PDT by
Some new M4 iPad Pro models are exhibiting a visible static grain pattern across the OLED display, according to several user reports on Reddit (1, 2, 3) and the MacRumors Forums. Image credit: MacRumors user bk215 Users who see the grain generally report that it is most noticeable in dark environments with the display set at a low to medium brightness while viewing content with gray or muted...