Common use of Climate Commitment Funds Allocation Clause in Contracts

Climate Commitment Funds Allocation. Once you opt in, Stripe or its Affiliate may deduct the Climate Commitment Funds from your Stripe Account balance or User Bank Account on a per-Transaction basis, or as an amount aggregated over a period of time, as described in your Stripe Dashboard. Stripe will allocate all Climate Commitment Funds to advance the field of carbon removal, through activities such as purchasing metric tons of carbon removal, or funding research and development for new carbon removal technologies. Climate Commitment Funds are not refundable.

Appears in 4 contracts

Samples: Stripe Services Agreement, Stripe Services Agreement, Stripe Services Agreement

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