(Reuters) - Microsoft Corp (MSFT.O) has struck a deal to buy 1.6 million carbon removal credits from what the developers say is one of the largest fully financed nature-based removals projects in Central America.
The 10,000 hectare project in Panama is part-financed by Microsoft, which is one of the largest corporate buyers of credits, and aims to remove 3.2 million tonnes of carbon from the atmosphere by planting over 6 million trees in areas degraded by cattle ranching.
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