SAN FRANCISCO--(BUSINESS WIRE)--Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestation investment in Brazil’s Atlantic Forest. Getting Shopify’s support marks a significant milestone in Pachama’s journey to bring more high-quality reforestation projects to market. The Atlantic Forest, renowned for its unparalleled biodiversity, has faced severe deforestation, with only 12% of its original expanse remaining. Recognizing the urgency, Shopify is paying Pachama $3.37 million through its Sustainability Fund to reforest approximately 200 hectares of land, which is expected to remove 45,000 tonnes of carbon over 17 years. This transformative project, called Aguas da Mata Atlantica, extends beyond carbon removal, offering substantial water benefits to a local community of 10 million people and creating dozens of employment opportunities. Furthermore, the initiative will establish a vital wildlife corridor between two remaining forest patches, fostering the unrestricted movement of native animal species

The Role: Pachama is looking for a Forest Carbon Growth Modeling Lead to join its team to help develop forest carbon projects under the new Verra ARR methodology.

Continuing to build on learnings and technology advancements, Pachama is excited to introduce its next version update.