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  • October 2024
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NextGen CDR Facility: From Davos to Details

By: Peter Tufano, Emily A. Chien and Karina Val
  • Format:Print
  • | Language:English
  • | Pages:21
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Abstract

Next Gen CDR is a startup that pools corporate commitments to purchase Tech CDR, which promises to permanently remove and store carbon from the atmosphere to combat climate change. A partnership between South Pole and Mitsubishi Corp., Next Gen has secured initial commitments from five founding buyers and has just announced the pool at the World Economic Forum's Annual Meeting in Davos. Now the parties have to hammer out the exact terms of the agreement to bring it to fruition.

Keywords

Climate Change; Partners and Partnerships; Corporate Governance; Investment; Agreements and Arrangements

Citation

Tufano, Peter, Emily A. Chien, and Karina Val. "NextGen CDR Facility: From Davos to Details." Harvard Business School Case 325-056, October 2024.
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About The Author

Peter Tufano

General Management
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More from the Authors
  • Corporate Ownership and ESG Performance By: Belen Villalonga, Peter Tufano and Boya Wang
  • Northvolt: Building Batteries to Fight Climate Change (B) By: George Serafeim, Debora L. Spar, Peter Tufano, Hugo Etchegoyhen and Emilie Billaud
  • The Case for Climate Alliances By: Matteo Gasparini, Knut Haanaes, Emily Tedards and Peter Tufano
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