Arbor Day Carbon, Pollination Unite to Strengthen Global Reforestation Efforts
August 07 2024 - 7:45AM
Business Wire
The new collaboration is focused on inspiring
investment and project development assistance in forest restoration
to address climate, biodiversity, and livelihood challenges
Arbor Day Carbon has joined forces with climate and nature
investment and advisory firm Pollination in a partnership that aims
to accelerate nature-based-solution carbon removal in critical
ecosystems.
The strategic partnership will seek to find, vet, fund and
develop high-quality and high-integrity afforestation/reforestation
carbon projects across the globe.
Arbor Day Carbon is a wholly owned subsidiary of the global tree
planting nonprofit Arbor Day Foundation and has helped corporations
to offset over 7 million metric tons of carbon emissions. Since its
inception in 1972, the Arbor Day Foundation has helped plant more
than 500 million trees globally and empowered hundreds of
corporations to achieve their climate goals.
“Amid the increasingly urgent fight against climate change, the
Arbor Day Foundation is in constant pursuit of new ways to drive
impact through reforestation,” said Dan Lambe, chief executive of
the Arbor Day Foundation. “Pollination has demonstrated expertise
in steering capital to unlock positive, transformational change in
nature. We’re confident their partnership — combined with the
Foundation’s decades of tree planting experience and worldwide
networks of planting partners and project developers — will help
fuel the voluntary carbon market with much needed, high-quality
carbon removal supply.”
Founded in 2019, Pollination has quickly expanded to become a
leading climate and nature firm across Europe, the Americas and
Asia Pacific. Alongside its market leading advisory and investment
management services it has built a global project development arm
that is assembling a high-impact portfolio of nature-based carbon
projects to create positive outcomes for investors as well as for
climate and nature.
Under the partnership, the Arbor Day Foundation will identify
suitable Afforestation, Reforestation & Revegetation (ARR)
carbon projects across their network. Pollination will onboard
selected projects for funding, and will provide technical,
regulatory and commercial project development support. The
Foundation will also support the marketing of issued carbon credits
for these projects.
The partnership draws on Pollination’s demonstrated ability to
leverage global carbon markets to deliver climate and nature
objectives as well as assembling and deploying finance for
critically needed nature restoration.
“We know that if the world is going to achieve its net zero
goals, then carbon markets will need to be a big part of getting
there,” Pollination Head of Carbon and Nature Projects Phil Cohn
said. “We also know that demand is growing fast for high quality
carbon credits that are transparently sourced from projects of
impeccable rigor and integrity.
“Arbor Day Foundation’s global network of implementation
partners, combined with Pollination’s experience in project finance
and development will be a game-changing partnership that can
deliver high integrity projects and credits at scale. We are truly
excited to begin identifying where we can deploy this new
partnership model. “
Globally, it is estimated that $US200 billion a year in finance
is needed to reach nature repair and protection goals by 2030. A
2023 report from the Arbor Day Foundation concluded that investment
in the voluntary carbon market is key in addressing the climate
crisis and unlocking capital for forest restoration. The report
explores learnings and observations of the market from the
Foundation’s team of experts and can be read here.
About Arbor Day Foundation
Founded in 1972, the Arbor Day Foundation is the largest
nonprofit membership organization dedicated to planting trees.
Together with our partners, we have helped plant more than 500
million trees in neighborhoods, communities, cities and forests
throughout the world. Our vision is to lead toward a world where
trees are used to solve issues critical to survival. Through our
members, partners and programs, the Arbor Day Foundation inspires
people across the globe to plant, nurture and celebrate trees. More
information is available at arborday.org.
About Arbor Day Carbon
Arbor Day Carbon is a wholly-owned subsidiary of the Arbor Day
Foundation. Our team of industry leaders work with corporations and
forestry carbon developers to accelerate carbon removal and the
nature-based projects that make it possible.
About Pollination
Pollination is a global climate change investment and advisory
firm dedicated to accelerating the transition to a net-zero, nature
positive future. It has a presence in 13 countries across The
Americas, EMEA and Asia Pacific. The Pollination team includes
global leaders in finance, investments, technology, business, law
and policy. Harnessing the team’s diverse expertise, Pollination
helps government, business, and public and private capital to
navigate the climate transition, designing and investing in
breakthrough ideas that deliver real-world impact and financial
returns.
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Jasmine Putney Arbor Day Foundation 402-216-9307
jputney@arborday.org