£145m fund for trees as Apple goes green

APPLE is investing in trees to protect forests around the world – and improve its green credentials.

The tech giant has launched a $200million (£145million) drive to put money into well-managed and sustainable forests.

The Restore Fund – together with US-based group Conservation International and bank Goldman Sachs – hopes to remove one million tons of carbon dioxide annually, equivalent to the amount of fuel used by over 200,000 cars.

The fund also aims to make a profit. Lisa Jackson of Apple said that protecting the environment and making money ‘were not mutually exclusive’.

She added: ‘We’re taught to believe that you can have profits or sustainability… we’re investing in the idea that you can have both.’

Last year, The Daily Mail’s Be a Tree Angel campaign raised £1.5million to plant orchards, trees and hedgerows across the UK.