A coalition backed by Big Tech companies has announced an increase in funding for carbon removal projects by $915 million and has welcomed Anthropic as a new member. This expansion highlights the coalition’s commitment to supporting innovative carbon removal technologies, including ocean alkalinity enhancement, biomass-based methods, and enhanced rock weathering, which are crucial for addressing climate change.

Anthropic: Anthropic is an AI company dedicated to building reliable and safe artificial intelligence systems. It joined the Frontier carbon removal coalition to contribute to efforts advancing carbon removal technologies through its participation in funding initiatives.
Big Tech-backed coalition: Frontier is an advance market commitment launched in 2022 by companies including Stripe and Alphabet to accelerate carbon removal by committing to purchase credits in advance and derisk projects. It focuses on scaling permanent carbon removal technologies through guaranteed future demand. The coalition recently expanded its commitments and added Anthropic as a participant to further these goals.

Coalition Expansion: The Big Tech-backed coalition added Anthropic as a new member while boosting its overall funding pledges for carbon removal projects.
Technology Advancement: The coalition directs support toward emerging carbon removal approaches such as ocean alkalinity enhancement, biomass-based removal, and enhanced rock weathering.