Climate Adaptation
TotalEnergies Funds Tree Planting in Congo to Create Carbon Sink
- Oil and gas giant to plant 40 million trees over 10 years
- Total plans to invest $100 million a year on carbon sinks
The TotalEnergies headquarters office in Paris.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
French oil and gas producer TotalEnergies SE has started a project to plant 40 million trees over 10 years in the Republic of Congo as part of its plan to become carbon neutral by 2050.
Fossil fuel companies are under increasing pressure from governments and shareholders to fight climate change. TotalEnergies and its European peers have outlined net-zero plans that include investments in renewable energy and other low-carbon fuels, and also plans to develop natural carbon sinks such as forests to offset some of their emissions.