Google, Meta, and McKinsey Contract Carbon Removal from Living Carbon's U.S. Reforestation Projects

Type: Ppa · Technology: Other · Country: United States · Value: $131240M · Announced: 2026-03-31

Living Carbon has signed new carbon removal offtake agreements with Google, Meta, and McKinsey, contracting over 130,000 tonnes of carbon removal from U.S.-based reforestation projects. These agreements are part of the Symbiosis Coalition, an advance market commitment collaboration launched in 2024 by Google, Meta, Microsoft, and Salesforce, aiming to contract up to 20 million tons of carbon removal credits by 2030. The specific transaction involves 131,240 tons of carbon dioxide removal from Living Carbon over a 10-year period, supporting large-scale reforestation on degraded lands in the Appalachian region. The projects focus on transforming marginal land, including abandoned mines and degraded farmland, into carbon sinks, delivering co-benefits such as improved soil and water health, enhanced biodiversity, and economic development for rural communities.

Analysis

Living Carbon has announced offtake agreements with Google, Meta, and McKinsey for over 130,000 tonnes of carbon removal from U.S. reforestation projects. These agreements are part of the Symbiosis Coalition, launched in 2024 by Google, Meta, Microsoft, and Salesforce, aiming to contract up to 20 million tons of carbon removal credits by 2030. The transaction involves 131,240 tons of carbon dioxide removal from Living Carbon over a 10-year period, supporting reforestation on degraded lands in the Appalachian region. The projects focus on transforming marginal land into carbon sinks, delivering co-benefits such as improved soil and water health, enhanced biodiversity, and economic development for rural communities.

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