Mombak targets $150m for Amazon restoration as Salesforce buys carbon removals
The Brazilian company announced a second fund and a multiyear buyer agreement. Carbon credits can finance restoration, but future verified removals should be kept separate from AI infrastructure emissions.
The short version
- What happened
- Mombak said its second Amazon reforestation fund aims to raise $150 million; Reuters reported a first close, not the full target raised.
- Who it affects
- Local communities may gain restoration work and investment if land rights and benefit sharing are protected.
- What remains unproven
- Fundraising targets, tree counts and expected credit issuance are attributed company statements reported by Reuters.
Keep in mind
Fundraising targets, tree counts and expected credit issuance are attributed company statements reported by Reuters.
The linked sources do not establish the long-term verified removal delivered under the new Salesforce agreement.
Multi-source analysis · 2 linked sources. Primary analysed source date: 21 September 2026.
Read the full report · 3 min The evidence, methods, implications and limitations
What the deal covers
Reuters reports that Brazilian restoration company Mombak secured the first close of Amazon Reforestation Fund II, which aims to raise $150 million. The fund is also expected to have access to a 200-million-real credit line from Brazil's Climate Fund through BNDES. A target fund size is not cash already invested. Mombak also announced a multiyear carbon-removal purchase agreement with Salesforce, adding another large technology buyer.
The company says its earlier $120 million fund financed projects on 15 Amazon farms and nearly 15 million native trees. It expects another issuance of roughly 80,000 metric tons of reforestation removal credits by the end of 2026. Those company figures describe activity and expectations; they should not be treated as an independent measurement of durable atmospheric removal.[1]
The AI connection and its limits
Technology firms are among the buyers of carbon removals as they seek to address emissions associated with expanding infrastructure. The International Energy Agency separately documents the energy demands and possible efficiencies of data centres and AI. Its global analysis gives context for why buyers are interested; it does not validate Mombak's specific credits or show that a purchase cancels a buyer's operational emissions.
A high-quality removal claim needs a baseline, careful measurement, safeguards against displacement and a credible plan for fire, drought or land-use reversal. Timing matters: electricity is consumed now while forests absorb carbon over years. Organisations should report direct emissions and purchased removals separately so readers can see both the operating footprint and the expected climate benefit.[1][2]
What communities and buyers should see
Restoration can support biodiversity and local livelihoods when land rights, species choice and long-term stewardship are handled well. Projects should disclose community agreements, monitoring data and how benefits are shared. Buyers need to know when a credit is issued, how permanence risk is covered and whether claims are counted twice.
The announcement signals investor and buyer appetite for forest restoration. The climate result will depend on verified carbon removal and sustained protection, while the AI sector's energy choices continue in parallel. A purchase agreement is a commitment to a project and a future claim, not evidence that AI's growing electricity demand has been solved.[1][2]