Ant Group Pledges to Go Carbon Neutral by 2030 — alizila.com

Ant Group, Alibaba’s sister unit – and the company behind the e-wallet Alipay – has laid out a blueprint to reach “net zero” in carbon output by 2030. To reach that target, the company plans to set up a carbon-neutrality fund, which will finance the research and development of renewable technologies and other innovations to curb climate change. It will also explore ways to apply its proprietary technologies to climate efforts, including leveraging its blockchain solutions to record and track its carbon-reduction progress.

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