Patrick Collison committed to forming Frontier, an advanced market commitment for carbon removal.
Then, in 2021, we formed Frontier, which is an AMC, an advanced market commitment. That was inspired by the first AMC, which was a pre-commitment to purchase vaccines for developing world's countries for diseases that were market failures, where either pharma companies hadn't pursued the vaccines, or where the profits weren't sufficient to pay for the program. So we decided to do this for carbon removal.