Stripe Climate is a service designed to enable businesses to contribute to carbon removal efforts as they grow. It offers a straightforward way to allocate a percentage of revenue towards promising carbon removal technologies.
Key features include:
- Automated Contribution: Businesses can automatically direct a percentage of their revenue to carbon removal initiatives.
- Frontier Integration: Purchases are facilitated through Frontier, an advance market commitment (AMC) to buy an initial $1B+ of permanent carbon removal by 2030.
- Portfolio Access: Users gain access to a curated portfolio of carbon removal projects, evaluated by science and commercial experts.
- Transparency: Open-source project applications and target criteria are available for review.
- Diverse Pathways: Supports various carbon removal pathways, including direct air capture, enhanced weathering, and biomass carbon removal and storage.
Stripe Climate targets businesses seeking to integrate carbon removal into their operations, offering a simple and effective way to support the development and scaling of carbon removal technologies.