Creative Destruction

Creative Destruction

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Creative Destruction
Creative Destruction
Hacking Capitalism with Advance Market Commitments
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Hacking Capitalism with Advance Market Commitments

When the free market fails, can advance market commitments help?

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Thomas Klaffke
Jun 08, 2022
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Creative Destruction
Creative Destruction
Hacking Capitalism with Advance Market Commitments
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This week, we’ll take a quick look at a solution that could be used to solve problems through business action faster and at scale by sort of hacking capitalism.

In April, Stripe and a host of other big companies (incl. Google, Shopify, Meta and McKinsey) introduced Frontier, an advance market commitment to buy an initial $925M of permanent carbon removal…

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