Tech firms and McKinsey join coalition to fund carbon removal in Brazil

Google and McKinsey agreed to purchase 320,000 metric tons of carbon removal credits over ten years through the Symbiosis Coalition. This purchase supports Working Trees in converting degraded cattle pasture into mixed-species silvopasture systems across Brazil’s southeastern Amazon and Cerrado regions. The coalition, which includes Microsoft, Meta, and Salesforce, has pledged to deliver over 20 million tons of offsets by 2030.

The agreement helps fund the restoration of 8,700 hectares of pastureland as part of a larger 50,000-hectare project. Silvopasture integrates trees into cattle pastures, which allows ranching to continue while boosting carbon sequestration and reducing pressure for deforestation. This effort is cited as an emerging approach to climate mitigation and carbon finance.