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

More on Offsets

BeZero Carbon: 'Clear evidence' of price premiums for higher-rated carbon credits

BeZero Carbon: 'Clear evidence' of price premiums for higher-rated carbon credits

Relationship between high ratings and price now apparent in most active markets, new study finds

Stuart Stone
clock 08 October 2026 • 3 min read
Carbon Finance 2.0: How carbon markets reached a 'messy middle' - and what happens next

Carbon Finance 2.0: How carbon markets reached a 'messy middle' - and what happens next

Experts from Amazon, the BSI, CarbonZero, and Ergochair explore how carbon markets can move beyond the current 'inflection point' and become a 'boring' part of everyday business

Stuart Stone
clock 07 October 2026 • 9 min read
The SBTi's new standard could trigger a carbon credit supply crunch: Why companies need to act now

The SBTi's new standard could trigger a carbon credit supply crunch: Why companies need to act now

The SBTi's updated Corporate Net Zero Standard has created a demand signal which needs to be a catalyst for 'real' supply and offtake agreements for high quality carbon credits, writes Climate Impact Partners CEO Sheri Hickok

Sheri Hickok, Climate Impact Partners
clock 02 September 2026 • 4 min read