Nestle Partners With Barry Callebaut & Re.green To Launch Major Reforestation Projects In Brazil's Coffee And Cocoa Regions – CoffeeTalk

Nestle has announced environmental restoration projects in partnership with reforestation startup re.green and chocolatier Barry Callebaut in Brazil, aiming to plant millions of trees in areas where it sources key ingredients. The initiative is part of a wave of corporate investments scaling up Brazil’s reforestation industry and aligns with Nestle’s goal to become net zero by 2050, while restoring ecosystems in areas critical for cocoa and coffee production.

The two separate projects will plant 11 million trees across 8,000 hectares (19,768 acres). The re.green project, designed to span 30 years, involves planting 3.3 million native species from Brazil’s coastal Atlantic rainforest in the northeastern state of Bahia, expected to generate 880,000 carbon credits. The separate partnership with Barry Callebaut seeks to restore 6,000 hectares in the states of Bahia and Para, most of which will be converted into agroforestry systems with cocoa.

Nestle will fully fund the re.green project and cover 60% of costs for the Barry Callebaut initiative, as part of the company’s broader goal of planting 200 million trees by 2030 in regions where it sources ingredients such as coffee, cocoa, and milk. Re.green is backed by Brazilian billionaire Joao Moreira Salles and asset manager Gavea, founded by former Brazilian central bank governor Arminio Fraga. Swiss-based Barry Callebaut is the world’s top chocolatier.

Read More @ Reuters