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The Nexus
BUSINESSApr 9 · 09:00 UTCAXIOSAmy Harder

Exclusive: JPMorgan strikes carbon removal deal that doubles as wildfire prevention

JPMorganChase has partnered with Graphyte, a carbon removal startup, to purchase 60,000 tons of carbon removal credits over 10 years, combining climate mitigation with wildfire prevention. The deal highlights growing industry focus on co-benefits like forest risk reduction and local economic growth despite policy challenges.

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