Meta pledges to secure at least $35m of carbon removal contracts

Stuart Stone
clock • 2 min read
A Facebook data centre in Clonee, Ireland | Credit: Facebook
Image:

A Facebook data centre in Clonee, Ireland | Credit: Facebook

Facebook, Instagram, and WhatsApp owner pledges to investment millions in new projects in response to US Department of Energy's Carbon Dioxide Removal Purchasing Challenge

Tech giant Meta has pledged to contract at least $35m of carbon removal projects over the coming year, as part of its broader goal to achieve net zero emissions across its value chain by 2030. According...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

EDF to recycle turbine blades into fence posts, benches, and pathways

'Not just a climate phenomenon': El Niño-linked extreme weather could cost $35tr by 2100

More on Offsets

Voluntary carbon credit market builds momentum, as focus shifts to 'higher-quality credits'
Offsets

Voluntary carbon credit market builds momentum, as focus shifts to 'higher-quality credits'

Vast majority of companies that are currently buying carbon credits expect to see volumes increase in the coming years, as confidence grows that Voluntary Carbon Market can complement corporate net zero strategies

James Murray
James Murray
clock 07 January 2026 • 6 min read
What's driving the shift towards higher integrity carbon credits - and can it continue?
Offsets

What's driving the shift towards higher integrity carbon credits - and can it continue?

BusinessGreen's latest Spotlight webinar explored how imminent reforms to the EU and UK Emissions Trading Scheme and the emergence of the UN-backed CORSIA scheme are re-shaping global carbon markets

Stuart Stone
Stuart Stone
clock 15 December 2025 • 11 min read
Ecotricity revamps approach to carbon credits
Offsets

Ecotricity revamps approach to carbon credits

Green energy pioneer to end use of global carbon credits in favour of supporting local UK-based carbon removal projects

James Murray
James Murray
clock 11 November 2025 • 2 min read