Apple to double its commitment in carbon removal fund

The iPhone-maker said it will invest up to an additional US$200mil (RM883mil) in its Restore Fund, which was created in 2021 with an initial US$200mil (RM883mil) commitment. — Reuters

NEW YORK: Apple Inc said it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere.

The iPhone-maker said it will invest up to an additional US$200mil (RM883mil) in its Restore Fund, which was created in 2021 with an initial US$200mil (RM883mil) commitment.