Carbon2Nature Brazil partners with Biomas on a native forest restoration project

Carbon2Nature Brasil, a joint venture between Neoenergia, Iberdrola's subsidiary in Brazil, and Carbon2Nature, an Iberdrola Group company that develops nature-based solutions, has just partnered with Biomas as co-developer of the Muçununga Project. This initiative aims to restore some 1,200 hectares of Atlantic Forest on land distributed across eight municipalities in southern Bahia. The investment will reach approximately €8.5M.

Over the next two years, Biomas and Carbon2Nature Brazil will plant around 2 million seedlings of more than 70 native species such as araçá, copaíba, guapuruvu, ipê-amarelo and jatobá. This wide diversity guarantees the recovery of ecological corridors, benefiting the natural ecosystem and increasing the value of the project.

In addition to restoring the ecosystem and recovering biodiversity, the project will support local socio-economic development and is expected to generate 80 direct jobs in the region.

You can read the full story at Neoenergia's Press Room.