Salesforce Joins Brazil’s Amazon Fund as a Carbon Buyer

Buzzline

The Brazilian carbon offset venture Mombak has successfully completed the initial phase of its second reforestation fund and has entered into a long-term carbon offset agreement with Salesforce. The Amazon Reforestation Fund II is set to accumulate $150 million for restoration initiatives within the Brazilian Amazon and has secured a credit line amounting to 200 million reais, roughly $38.88 million, from Brazil’s Climate Fund. Mombak’s inaugural fund raised $120 million and facilitated restoration efforts on 15 Amazon farms, resulting in the planting of close to 15 million native trees. The organization anticipates generating approximately 80,000 metric tons of carbon credits by the conclusion of 2026. Disclosure:This video contains stock footage and content created or enhanced using Ai-assisted tools ai-generated

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00:00Brazilian carbon-removal startup Mombach has secured the first close of its second reforestation fund.

00:06The Amazon Reforestation Fund 2 aims to raise $150 million.

00:11The money will support restoration projects across the Brazilian Amazon.

00:15Mombach also signed a multi-year carbon-removal agreement with Salesforce.

00:19The software company joins buyers, including Google, Microsoft, and McLaren Racing.

00:24The fund will have access to a 200-million-real credit line from Brazil's Climate Fund,

00:30that is worth about $38.88 million.

00:33Mombach's first fund raised $120 million from investors.

00:36It financed restoration projects across 15 Amazon farms.

00:40Nearly 15 million native trees were planted through those projects.

00:44Mombach expects its second carbon credit issuance to reach roughly 80,000 metric tons.

00:49The company expects that larger issuance by the end of 2026.

00:53Mombach says demand for carbon removal is expanding beyond major technology companies.

00:58Sectors including oil, mining, and steel are showing growing interest.

01:03The broader market could depend on lower costs and improved reforestation techniques.

01:08Disclosure.

01:09This video contains stock footage and content created or enhanced using AI-assisted tools.

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