Microsoft to purchase up to 700,000 nature-based carbon credits through 2035 from CAM’s forestry project in Washington State.
CAM’s climate-smart forestry initiative expected to generate over one million tonnes of carbon removals in the next decade.
Long-term offtake deal de-risks investment, blending traditional forestry revenue with carbon markets and community partnerships.
Microsoft has finalized a multi-year agreement to purchase nature-based carbon removal credits from Climate Asset Management (CAM), supporting its goal to become carbon negative by 2030.
The deal — arranged by EFM, the operating partner for CAM’s Natural Capital Fund I — secures up to 700,000 carbon credits through 2035 from a forest asset located in Washington State’s Olympic Peninsula. The property is undergoing a transformation to climate-smart forest management, a model increasingly seen as a viable path for large-scale carbon removal.
“We are pleased that our climate-smart forestry asset in the Olympic Peninsula has now achieved another long-term offtake agreement, significantly de-risking the carbon element of our project,” said James Bullen, Head of Asset Management at CAM.
The project, expected to generate over one million tonnes of additional carbon removals over the next decade, also enhances biodiversity, timber value, forest resilience, and local partnerships — including with tribal communities.
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EFM, a leader in sustainable forestry and carbon project development, has also negotiated another long-term carbon contract in parallel with the asset’s acquisition. EFM’s approach to Improved Forest Management (IFM) includes lengthened tree rotation cycles, reduced logging impact, and selective harvesting — all aimed at increasing long-term carbon storage and ecosystem health.
“Such management approaches aim to improve forest health — including biodiversity, water and soil quality — while also providing community benefits, all well aligned with NCF’s impact objectives,” Bullen added.
The Microsoft deal covers substantially all carbon credits to be generated over the life of the project, signaling a shift toward long-term carbon procurement strategies among major corporates and institutional investors.
This agreement sets a new benchmark for how long-term offtake contracts can unlock scalable investment in nature-based solutions — aligning measurable environmental benefits with strong financial returns.
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