Microsoft to Purchase 3m Carbon Removal Credits from EFM

Microsoft has signed a deal with sustainable forest management firm EFM to purchase three million carbon removal credits. The deal includes an offtake agreement for 700,000 credits through 2035, generated from a 68,000-acre project in Washington State’s Olympic Peninsula that EFM is transitioning to climate-smart forest management. The company acquired the plot in November 2024.

“Microsoft’s support marks a pivotal step in accelerating support for high-quality improved forest management projects,” said Bettina von Hagen, CEO of EFM. “Their leadership sets a strong precedent for the carbon market and reinforces the importance of natural forests as a scalable natural climate solution in the US. With their support, we see Fund IV growing and producing significant climate benefits alongside financial value for its investors.

“Microsoft recognizes the important role of high-quality, nature-based solutions in meeting our Carbon Negative by 2030 goals. Our collaboration with EFM is a significant step towards unlocking the value of the latest scientific advancements in improved forest management as a carbon removal pathway. We are proud to contribute to climate-smart forest management in Microsoft’s own backyard on the Olympic Peninsula,” said Brian Marrs, senior director of energy & carbon removal at Microsoft.