Frontier, a corporate climate coalition backed by Stripe, Google, Shopify, and others, has raised $915 million in new funding for carbon removal, bringing its total commitments to $1.8 billion. The funding aims to scale carbon removal technologies toward gigatonne capacity, but the article notes that macro-level climate targets continue to slip, creating a gap between private investment and global policy progress. The piece highlights the tension between growing private capital for carbon removal and the lack of coordinated government action needed to meet climate goals. For anyone tracking carbon markets or removal tech, this is a clear signal that while money is flowing, the policy framework is still lagging behind.
