Our Climate Progress Update for January 2022

  • January 3, 2022 by Ry Bealey

Since June 28, 2021, our $250.24 contribution to Stripe Climate enabled significant progress.

  • Four new companies joined the Stripe Climate portfolio. Stripe Climate is the first customer for three of them.
  • Climeworks announced the opening of Orca, the world's largest direct air capture facility.
  • Future Forest successfully completed their first enhanced weathering trial. Building on their findings, the have launched commercial scale trials (>1,000 tons of basalt).
Stripe Climate Portfolio
Our portfolio consists of a variety of promising early-stage carbon removal technologies. Funds contributed to date have been used to buy the following types of carbon removal:

Meet the New Projects
Stripe Climate partnered with 13 scientific experts to select four new carbon removal projects to add to our portfolio. Stripe is the first customer for three of these companies. You can read the full announcement here.
Find and Fund

Ecobyte's contributions are used to permanently remove CO₂ from the atmosphere. These contributions are crucial to increase the likelihood the world has the portfolio of solutions needed to avoid the worst effects of climate change.

Stripe Climate selects high-potential carbon removal projects in partnership with scientific experts and uses your contributions to act as an early customer to help them scale up.