IKEA Launches Forest Investment Project in Brazil as Part of €100 Million Climate Action Commitment
IKEA has announced a new large-scale forest investment project in Brazil, marking a significant step in its €100 million commitment to carbon removal and climate action. Through Inter IKEA Group, the company is partnering with BTG Pactual Timberland Investment Group (TIG) to protect, restore, and responsibly manage approximately 4,000 hectares of degraded and low-productive land in the Atlantic Forest biome, one of the most threatened ecosystems on the planet.
The project, situated across the Brazilian states of Paraná and Santa Catarina, aims to conserve and reforest areas that have been deforested while promoting sustainable forestry practices. Part of the land will be dedicated to natural forest restoration and biodiversity conservation. In contrast, others will be managed as commercial pine farms, generating jobs and economic opportunities for local communities. The initiative will pursue Forest Stewardship Council™ (FSC) certification to ensure responsible management and measurable environmental outcomes.
“With forests among the most effective tools to capture and store CO₂, this project demonstrates how reforestation, restoration, and productive forestry can thrive together,” said Ulf Johansson, Global Head of Raw Materials at Inter IKEA Group.
BTG Pactual TIG, one of the world’s largest timberland managers, will co-lead the project, leveraging its expertise in forest restoration to deliver tangible climate, biodiversity, and social benefits.
The initiative will include continuous, independent monitoring of carbon uptake and environmental impact, guided by an advisory panel of experts and NGOs, including Apremavi, a leading Brazilian environmental organisation.
This project supports IKEA’s broader ambition to halve absolute emissions across its value chain by 2030 and achieve net zero by 2050, while advancing scalable solutions for carbon removal and ecosystem restoration.
