Apple creates fund for 'working forests' as part of carbon-removal efforts

Apple Inc has created a $200 million fund to invest in timber-producing forest properties that will be managed to help remove carbon from the atmosphere while also generating a profit, it said on Thursday. Apple last year set out a goal to neutralize its own carbon emissions and those of its suppliers by 2030. It said 75% of the reduction would come from eliminating emissions through steps such as the use of solar energy and the remaining 25% would come from carbon removal efforts.

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