- Long-term vision: Meta signs 10-year deal with EFM to purchase 676,000 carbon removal credits tied to climate-smart forest management.
- Forestry transformation: EFM’s shift of 68,000-acre Olympic Rainforest from industrial logging to sustainable practices will unlock over 1 million tonnes of CO₂ removals.
- Strategic climate finance: Deal de-risks EFM’s acquisition and transition efforts, reinforcing Meta’s net zero 2030 strategy and the broader carbon credit market.
Meta has entered a decade-long carbon removal agreement with EFM to source 676,000 nature-based carbon credits by 2035. These will be generated from the transition of the Olympic Rainforest, a 68,000-acre property in Washington state, from industrial logging to climate-smart forestry.
“This long-term contract enables us to manage forests for their greatest value to society—producing high-quality timber, creating diverse, healthy habitats for wildlife and recreation, and collaborating with tribes to restore salmon populations—all while significantly increasing carbon storage,” said EFM CEO Bettina von Hagen.
“We’re deeply grateful to Meta for recognizing the critical role forests play in addressing climate challenges and for sharing our vision of high-quality carbon projects that enhance the long-term value of our forests.”
Meta is using this deal to push forward its net zero emissions target across its value chain by 2030, reinforcing its commitment to high-impact nature-based carbon removals. EFM’s carbon credit project aligns with Meta’s broader investment strategy, which includes last year’s launch of the Symbiosis Coalition—a joint effort with Microsoft, Google, and Salesforce to accelerate carbon credit development
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“We support high-impact projects, and EFM’s extensive track record in sustainable management of forests made them an ideal partner and aligned with our goals,” said Tracy Johns, Carbon Removal Lead at Meta.
“Our commitment to this project supported EFM’s efforts to take an approach to forest management that not only drives strong climate and forestry outcomes, but also provides real value and environmental services to local communities.”
This contract was negotiated alongside EFM’s acquisition of the Olympic Rainforest—an unusual approach compared to standard post-acquisition carbon deals. The early commitment from Meta de-risked the transition to climate-smart practices, unlocking financing from EFM’s own funds and third-party investors, including the Natural Capital Fund, managed by Climate Asset Management.
EFM will apply its climate-smart forestry model to manage the Olympic Rainforest, aiming to:
- Generate over 1 million tonnes of CO₂ removals in the next decade.
- Nearly double timber stocks within 15 years, delivering higher-value logs.
- Restore salmon habitats, support tribal cultural harvesting, and boost public access and tourism.
Meta’s proactive carbon financing not only supports its climate goals but also sets a precedent for how corporates can drive ecosystem restoration and sustainable forest economies—before the first tree is touched.
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