Microsoft Azure: Microsoft signs large Biorchar carbon removal agreement with Carbonfuture

Dec 20, 2023 | Posted by Abdul-Rahman Oladimeji

Microsoft has recently signed a large deal to pay for biochar production in Bolivia to remove carbon from the atmosphere. Following this deal, Exomad Green, the world’s largest biochar producer, will create the inert carbon residue at its facility in Concepción, Bolivia. Microsoft will pay for the delivery of 32,000 tons of carbon dioxide removal credits, verified and managed by the Carbonfuture carbon credit marketplace.

Diego Justiniano, CEO of Exomad Green, said, “The Exomad Green project with Carbonfuture and Microsoft is more than just a carbon removal initiative; it's a testament to our commitment to environmental sustainability and community empowerment. We're proud to contribute to a solution that not only addresses global carbon challenges but also tangibly enhances the lives of local communities in Bolivia while contributing to the reduction in deforestation linked to soil degradation.”

Hannes Junginger-Gestrich, CEO of Carbonfuture, added, "Carbonfuture’s approach, rooted in transparency and quality, ensures high-integrity carbon removal. With this collaboration, we are not just removing carbon; we are contributing to environmental responsibility and societal impact. With the Exomad project, we are able to realize carbon removal with important co-benefits to local communities and ecosystems.”