About the initiative
Conservation and regeneration of biomes
Our challenge is to mitigate the environmental impact of our activities and foster sustainable development in the regions in which we operate. This commitment has led to the creation of the Regenera América program, in an effort to support the conservation, regeneration and protection of the iconic biomes in Latin America, which are home to 40% of the planet's biodiversity
Through this initiative, we provide funding for the development and implementation of projects that have a proven track record of restoration and the potential to generate carbon credits. By doing so, we aim to support the growth of this market, fight against climate change, and preserve essential ecosystem services for both people and businesses. We work with local communities, experts, and organizations who are leaders in projects of this magnitude to apply cutting-edge technology and promote nature-based solutions.
To assist us in the planning, selection and monitoring of projects, we have partnered with Pachama, a startup that uses cutting-edge artificial intelligence solutions to monitor and track forest regeneration to account for carbon. Pachama's work involves gathering precise satellite images that provide traceability, transparency and scalability for regeneration and conservation projects. This ensures that future carbon credits meet the highest standards of quality.
In the first year of the program, 2021, we invested approximately USD 7,2 million in two initiatives to regenerate the Atlantic Forest biome in southeastern Brazil. Many of our business operations are carried out in this ecosystem, which is home to the Earth’s richest biodiversity and is one of the most threatened ecosystems on our planet. The amount invested was calculated in proportion to Mercado Libre’s carbon footprint in 2020 (scopes 1, 2 and 3).
In 2022, we expanded the scope of our program to include other biomes in Brazil and Mexico. We invested an additional USD 10 million to support this growth. Since its launch, we have commenced restoration across more than 6,000 hectares of forest, which will capture approximately 900,000 tons of CO2 over the next 25 years.
Conservador da Mantiqueira project: A group initiative coordinated by The Nature Conservancy (TNC). It promotes the restoration of landscapes in the Serra da Mantiqueira region, at the intersection of the states of São Paulo, Minas Gerais, and Rio de Janeiro.
Corridors for Life: Under the responsibility of Instituto de Investigaciones Ecológicas (IPÊ) since 2014, it aims to create biological corridors by planting trees in remaining areas of native forests in Pontal do Paranapanema, in the state of São Paulo.
Corredor Pau Brasil: A project to restore the Atlantic Forest through the planting of native trees in the state of Bahia, enabling the creation of a biological corridor between two national parks in the region.
Águas do Rio - Corredor Tinguá-Bocaina: Aims to protect hydrographic basins and restore the Atlantic Forest in the region through the planting of native trees.
Café Apuí: A pilot project to restore the forest through the application of agroforestry systems with native species and coffee plantations in one of the most deforested regions of the Amazon. The project contributes to bolstering the work of 30 families in the local community.
Llanos de Apán: A restoration project for 3,100 hectares of the Hidalgo plains in Mexico, aimed at preventing the area's increasing erosion and improving the health of the aquifer.
Corridors for Life
Corridors for Life elected best carbon credit project in the "Best Individual Offset Project" category, according to the Voluntary Carbon Market Ranking (VCMR 2022).
Over USD 10 million
Over USD 10 million invested in 2022 to expand the project.
Over 6,000 hectares of forest in the process of restoration.
+ 100,000 trees of native species planted in 2022.
900 thousand tons of CO2 projected to be sequestered within 25 years.