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Biomas, a Brazilian reforestation startup backed by corporate heavyweights Vale, Marfrig, Suzano and major banks, has kicked off its first large-scale project to restore native forests. The inaugural initiative will plant over 2 million trees across 1,200 hectares of degraded Atlantic rainforest in Bahia, using 70+ native species. With a R$55 million (US$9.7M) investment, Biomas aims to generate ~500,000 carbon credits over 40 years by re-growing biodiverse forests on land provided by a pulp producer. This marks a milestone for Biomas, founded in 2022 to help Brazil meet carbon removal goals.
The venture ultimately plans to restore 2 million hectares over 20 years, in the Atlantic Forest and the Amazon. It joins other startups (like Mombak and re.green) in scaling up nature-based carbon capture to offset emissions.
Backed by mining, agribusiness, and finance giants, Biomas exemplifies how corporations invest in nature-based climate mitigation solutions. The generated carbon credits can be sold to companies seeking to meet net-zero pledges, potentially creating new revenue streams from ecosystem restoration.
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