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The Volkswagen Group and the project developer Permian Global have signed a Joint Development Agreement to create climate protection projects. With the support of Permian Global, the Volkswagen Group will begin developing climate protection projects to protect tropical forests in the second half of 2020. Following successful verification, the avoided deforestation and restoration of endangered forests will lock away carbon and deliver carbon credits that will be used to compensate for CO2 emissions from the supply chain, production and logistics of vehicle, as long as these CO2 emissions cannot be avoided and renewable energies cannot be used currently.

Media contacts

Dr. Günther Scherelis
Spokesperson Environment and Sustainability
Tel. +49 (0) 5361 9-87182
Dr. Christoph Ludewig
Head of Corporate Communications (interim)
Tel. +49 (0) 5361 / 9-87575