Technology giant Microsoft has bought the first carbon credits generated under a rainforest conservation project in Madagascar, reports Wildlife Conservation Society (WCS), which organized and backed the initiative. The deal, which WCS says represents the first sale of government-owned REDD+ credits in Africa, will help finance conservation efforts in Makira Natural Park, an area of rainforest in northeastern Madagascar that is renowned for its biodiversity but has been hard hit by illegal logging and poaching.
Technology giant Microsoft has bought the first carbon credits generated under a rainforest conservation project in Madagascar, reports Wildlife Conservation Society (WCS), which organized and backed the initiative.
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The deal, which WCS says represents the first sale of government-owned REDD+ credits in Africa, will help finance conservation efforts in Makira Natural Park, an area of rainforest in northeastern Madagascar that is renowned for its biodiversity but has been hard hit by illegal logging and poaching.
Microsoft bought the unspecified number of credits under its carbon neutrality program. Rob Bernard, Chief Environmental Strategist at Microsoft, said the project offered an attractive range of benefits beyond mere carbon offsets.
"Supporting forest conservation and community building projects like Makira is an important part of Microsoft’s strategy to reduce its environmental impact, support sustainable economic growth, improve health and education, and address societal challenges," he said in a statement. "The project's important role in protecting a crucial area of biodiversity value also aligns with Microsoft’s own focus on using technology, information and research to develop new approaches and solutions to sustainability."
Makira is home to 20 species of lemurs, hundreds of bird species, and thousands of plant types. By some estimates, the area contains one percent of Earth's terrestrial biodiversity.
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