Meet the Stripe Exec Who Leads a $1 Billion Carbon Removal Fund

Digital payments company Stripe started funding early-stage carbon removal technology companies in 2020. Two years later, the women behind that strategy masterminded the launch of Frontier, a $1 billion carbon removal buyers group co-founded with Alphabet, McKinsey, Meta and Shopify. As of April 2024, the group has signed contracts worth about $230 million.

GreenBiz’s editor-at-large Heather Clancy will talk with Nan Ransohoff, head of Frontier and Stripe Climate, in the latest episode of Climate Pioneers, a new GreenBiz video series featuring the innovators and executives working to mitigate the climate crisis.

The conversation will cover:

- How Stripe evaluates potential carbon removal investments
- A progress report on Stripe Climate, offered to businesses using its digital payments service
- What motivated Stripe to co-found Frontier
- Why “advance market commitments” help climate tech get a leg up
- The present and future role of policy in carbon markets
- What’s next for Frontier beyond carbon removal?
- How Ransohoff juggles governance responsibilities between Stripe and Frontier