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Marriott launches rainforest fund
BETHESDA, Md – Marriott International and the Brazilian state of Amazonas have signed an agreement to support the first project of its kind to help protect 1.4 million acres of endangered rainforest.
The partnership between government and the private sector is one of the first in the world to reduce greenhouse gas emissions from deforestation.
Marriott has committed US$2 million to fund an environmental management plan administered by the newly created Amazonas Sustainable Foundation.
By year end, Marriott guests and group customers will also be able to offset the greenhouse gas emissions generated from their hotel stays by contributing to this rainforest fund.
In addition to offering this carbon offset, Marriott is taking new steps to reduce the company’s water, waste and energy consumption; green its supply chain; build greener hotels; and engage employees and guests to take action.
“At Marriott, we believe the future of business is green,†says Arne Sorenson, chief financial officer and co-chair of the company’s Green Council.
“Building on a 20-year track record of responsible energy consumption and waste reduction, we believe rainforest preservation is critical to reducing the greenhouse gas emissions that cause climate change.”
Amazonas governor Eduardo Braga said, “This is the first project on reducing emissions from deforestation in Brazil and one of the first in the world.
“This agreement between the government of Amazonas and Marriott will make history because it demonstrates how rainforest preservation can be used as a climate strategy.â€
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