Common use of Stripe Climate Goals Clause in Contracts

Stripe Climate Goals. As the goal of Stripe Climate is to help advance the field of carbon removal, many Climate Projects and companies funded will be in their early stages and their survival and success in addressing climate issues is not guaranteed. While all Stripe Climate Funds will be used to advance the carbon removal field, the development timelines of many new technologies are long, the resulting impact may not be immediate, and there is always a risk of non-delivery (and non-recovery of paid funds) by the companies from which Stripe purchases carbon removal. Even if they are eventually successful in obtaining results, Climate Projects may take years to produce those results.

Appears in 39 contracts

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

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