Mombak

A Brazilian carbon-removal developer reforesting degraded Amazon pastureland with native species, with removal offtake agreements from Google, Microsoft and Meta. Founded in 2021 by entrepreneurs from Nubank and 99 and headquartered in São Paulo, it operates four restoration areas in Pará covering roughly 20,000 hectares and has raised about USD 218 million, from investors including Bain Capital, CPP Investments and the Rockefeller Foundation; Microsoft agreed in December 2023 to buy up to 1.5 million tons of removal through 2032.