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
10 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
10 months ago
Why not 300 million Tim Apple?!
Score: 10 Votes (Like | Disagree)
JEY Avatar
10 months ago
There is nothing more important. Every little bit helps...
Score: 10 Votes (Like | Disagree)
TheYayAreaLiving ? Avatar
10 months ago
THis is definitely good move by Apple.
Score: 9 Votes (Like | Disagree)
telo123 Avatar
10 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
10 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)

Related Stories

Apple awards Corning an additional 45 million dollars team member 051021

Apple Awards iPhone Glass Supplier Corning Additional $45M From Advanced Manufacturing Fund

Monday May 10, 2021 2:43 am PDT by
Apple today announced it is awarding its longtime iPhone, iPad, and Apple Watch glass supplier Corning an additional $45 million from its Advanced Manufacturing Fund, building on its $200 million award in 2017 and $250 million award in 2019. The combined $495 million investment will support Corning's ongoing research and development into "state-of-the-art glass processes, which led to the...
apple music logo

Apple Invests $50 Million in Independent Music Artist Platform UnitedMasters

Wednesday March 31, 2021 6:01 am PDT by
Independent music distributor UnitedMasters has announced a $50 million investment round led by Apple that aims to help independent artists gain a foothold and establish a career in the music business (via TechCrunch). As part of a strategic partnership, Apple is joined by Google parent company Alphabet and A16z, which will provide follow-on "Series B" investments in UnitedMasters. The...
apple park drone june 2018 2

Apple Fires Newly Hired Ex-Facebook Product Manager Following Revelations of Past Misogynistic Comments

Thursday May 13, 2021 12:10 am PDT by
Apple has fired Antonio García Martínez, an ex-Facebook product manager and author of the controversial book "Chaos Monkeys," following public and internal calls for removal and investigation due to past misogynistic statements, The Verge reports. Apple hired Martínez earlier this week to join its ads team, however, comments that Martínez made in the past sparked condemnation from users...
app store blue banner russia

Apple Fined $12 Million in Russia for Violating Anti-Monopoly Rules With App Store

Tuesday April 27, 2021 10:40 am PDT by
Russia's Federal Anti-Monopoly Service (FAS) has levied a $12 million fine against Apple for alleged abuse of its dominance in the mobile applications market, reports Reuters. According to the FAS, Apple's distribution of apps through iOS gives its products a competitive advantage. Apple has been charged 906.3 million roubles, equivalent to $12.1 million. The fine stems from an August...
mozilla firefox banner

Firefox 88 to Disable FTP Next Week With Full Removal Set for June

Friday April 16, 2021 2:08 am PDT by
Firefox will soon hand over FTP requests to other applications, as Mozilla begins to phase out the browser's long-standing FTP implementation in the next stable release. Mozilla announced its intention to disable support for the FTP protocol last year, but the plan was delayed because of the global health crisis. One of the oldest network protocols still in use, FTP handles file...
apple pay bed bath beyond promo feb 2021

Apple Pay Promo Offers 10% Back in Bed Bath & Beyond Rewards

Friday March 5, 2021 1:26 am PST by
Apple has sent out a new Apple Pay promotional email, offering Bed Bath & Beyond customers 10% back on purchases in the form of My Funds rewards when using Apple's digital payment service. My Funds is a program run by Bed Bath & Beyond that rewards its customers for shopping and engaging with the company. The rewards can be redeemed in store at Bed Bath & Beyond, buybuy BABY and Harmon Face...
Ports 2021 MacBook Pro Mockup Feature 1 copy

Hacker Group Mysteriously Removes Stolen Apple Schematics and Extortion Threat From Ransomware Website

Monday April 26, 2021 5:00 am PDT by
A ransomware group that last week stole schematics from Apple supplier Quanta Computer and threatened to release the trove of documents has mysteriously removed all references related to the extortion attempt from its dark web blog, MacRumors can confirm. The ransomware group known as REvil claimed last Tuesday that it had accessed the internal computers of Taiwan-based Quanta and managed to ...
parler app

Parler Returns to the App Store With Improved Moderation

Monday May 17, 2021 7:43 am PDT by
The controversial social media app Parler has today returned to the App Store, several months after Apple suspended it for breach of App Store rules. Parler was removed from the App Store in January because Apple said that it failed to take "adequate measures to address the proliferation" of "threats to people's safety." According to the Washington Post, Parler has now implemented a...

Popular Stories

safari icon blue banner

Safari Bug Allows Websites to Track Your Recent Browsing Activity in Real Time [Updated]

Sunday January 16, 2022 3:37 pm PST by
A bug in WebKit's implementation of a JavaScript API called IndexedDB can reveal your recent browsing history and even your identity, according to a blog post shared on Friday by browser fingerprinting service FingerprintJS. In a nutshell, the bug allows any website that uses IndexedDB to access the names of IndexedDB databases generated by other websites during a user's browsing session....
iPhone 14 Mock pill and hole thumb

ProMotion Now Expected to Remain Exclusive to iPhone 14 Pro Models, Not Expand to Entire Lineup

Sunday January 16, 2022 8:56 am PST by
Continuing the tradition set with the iPhone 13 Pro, only the highest-end iPhone 14 models will feature Apple's ProMotion display technology, according to a respected display analyst. Ross Young, who on multiple occasions has detailed accurate information about Apple's future products, said in a tweet that ProMotion will not be expanded to the entire iPhone 14 lineup and will remain...
iPad Air Feature 2 green

New Apple Products Filed in Regulatory Database, Likely Including New iPhone SE and iPad Air

Tuesday January 18, 2022 6:11 am PST by
Apple today filed unreleased iPhone and iPad models in the Eurasian Economic Commission database, as spotted by French blog Consomac. The filings likely represent the rumored third-generation iPhone SE, fifth-generation iPad Air, and potentially more. The unreleased iPhone models have the identifiers A2595, A2783, and A2784, while the unreleased iPad models have the identifiers A2588, A2589, ...
AirPods 3 New Firmware Feature

Apple Updates AirPods 3 Firmware to Version 4C170

Tuesday January 18, 2022 11:46 am PST by
Apple today released a new 4C170 firmware update for the AirPods 3, an update from the prior 4C165 that was made available in December. Apple does not offer details on what's included in new firmware updates for the AirPods‌, so we don't know what improvements or bug fixes the new firmware brings. There is no standard way to upgrade the ‌AirPods‌‌ software, but firmware is...
iphone 5g mmwave

U.S. Airlines Warn of 'Catastrophic' Crisis With Impending 5G Rollout, AT&T and Verizon Agree to Delay Around Airports

Tuesday January 18, 2022 10:35 am PST by
Verizon and AT&T's upcoming rollout of new C-Band 5G technology could cause chaos and lead to widespread delays of passenger and cargo flights, major U.S. airlines said on Monday in a letter sent to the White House National Economic Council, the FAA, and the FCC (via Reuters). "Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially...
iphone se 2020 top

iPhone SE With Larger 5.7-Inch Display May Launch in 2023, 'iPhone SE+ 5G' Also Rumored

Monday January 17, 2022 6:46 am PST by
Apple is planning to release a fourth-generation iPhone SE with a larger 5.7-inch display as early as 2023, according to display industry consultant Ross Young, who has proven to be a reliable source of information for future Apple products. The fourth-generation iPhone SE has until now been rumored to launch in 2024, but Young now says a 2023 release is looking more likely....
tesla carplay solution

Developer Showcases Apple CarPlay Workaround for Teslas

Monday January 17, 2022 7:24 am PST by
A Tesla Model 3 owner has resorted to a workaround to implement Apple CarPlay in his vehicle, amid no sign of official support from Tesla (via Tesla North). Apple CarPlay and Apple Music support are among the most-requested Tesla features, but with no indication that Tesla is willing to implement Apple CarPlay in its vehicles, Polish developer Michał Gapiński took matters into his own...
ipad air 4 video

New iPad Air Rumored to Launch This Spring With A15 Chip, 5G, Center Stage Camera, and More

Saturday January 15, 2022 8:05 pm PST by
Apple is planning to release a fifth-generation iPad Air with similar features as the sixth-generation iPad mini, including an A15 Bionic chip, 12-megapixel Ultra Wide front camera with Center Stage support, 5G for cellular models, and Quad-LED True Tone flash, according to Japanese blog Mac Otakara. Citing reliables sources in China, the report claims that the new iPad Air could be...