Business School Case
In 2022, online payments company Stripe launched a new effort under the leadership of new head of Stripe Climate, Nan Ransohoff, called Frontier. This new entity was founded by five major companies with the goal of accelerating the development of carbon removal technologies through an “Advance Market Commitment” (AMC). In this case, students will learn about carbon removal technologies, Stripe Climate and the intersection of climate technologies and digital payment as well as collaborative efforts among corporations on the climate front. Students will be asked to discuss the conditions for advance market commitments and to assess Stripe’s success to date as well as options for scaling the effort going forward.
Access case via CaseWorks.
Citation:
Wagner, Gernot. “Stripe Climate: Creating a Market for Carbon Removal.” Columbia CaseWorks #240305 (5 April 2024).
Related:
“Making a Case for Fighting Climate Change as a Strategic Imperative” by Katie Gilbert, Columbia Business School Insights (22 April 2024).