Industry News: ESG

JPMorgan, Microsoft Back New Financing Model to Scale Nature-Based Carbon Removal Projects

Written by ESG | 28-Jul-2025 12:52:09 PM

2025-07-23

ESG Today: Nature-based carbon removal startup Chestnut Carbon announced that it has secured a new $210 million project finance credit facility, led by J.P. Morgan and backed by a massive forest-focused carbon removal offtake agreement recently signed with tech giant Microsoft.

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