LATAM aims to capture 11.3m tons of CO2 with new carbon agreement

The South American carrier LATAM Airlines Group has announced a new alliance to capture 11.3m tons of CO2 by 2030, improving its sustainability efforts and looking to become more carbon-neutral while protecting the environment. LATAM Airline expects to reduce and offset 50% of domestic emissions by 2030. Its final goal is to become carbon-neutral by 2050. The airline said it is “committed to contributing to the conservation of biodiversity and strategic ecosystems, as well as preventing deforestation in LATAM’s areas of influence.” This week, the company announced a new alliance with the Cataruben Foundation concerning the CO2BIO project. This project aims to conserve and restore the floodable savannah and forests in South America, particularly in the Colombian Orinoquía region. The project expects to capture 11.3m tonnes of CO2 by 2030 in a 575,000-hectare property. Additionally, it will benefit 700 families in the area and is supported by the Natural Wealth Program of the United States Agency for International Development (USAID). LATAM has pledged to support at least one similar project per home market by 2027. The company currently operates domestic flights in Brazil, Chile, Colombia, Ecuador, and Peru. These projects should involve “the conservation of biodiversity and strategic ecosystems, always prioritizing the mitigation hierarchy in our operations, first to avoid and minimize our impacts, and then to restore and offset them,” according to LATAM’s sustainability website.<br/>