Microsoft has entered into an agreement with Climate Impact Partners UK-based company to buy 1.5 million carbon removal credits over the next three decades. The credits will come from a large-scale afforestation initiative in India covering 20,000 hectares.

The afforestation project, located in the Panna region of Madhya Pradesh, is backed by Terra Natural Capital, an environmental commodities investment firm. The initiative is expected to generate a total of three million carbon removal credits over its lifetime.