Climate transformation fund

A fund for best-in-class businesses taking the lead on climate change

Discover the fund

REGISTERED 501(C)(3) NON PROFIT

Finance pioneering climate solutions

Carbon Removal

Removing CO₂ from the atmosphere forever

Decarbonization

Emissions reduction and renewable energy

Protecting and restoring nature

Stopping deforestation and restoring ecosystems

Project portfolio

Projects selected for the fund are evaluated against a detailed framework consisting of three pillars: carbon removal, restoring and protecting nature, and decarbonization. Our fund manager and program officer assess each project against rigorous selection criteria.

Examples of selection criteria

Catalytic effect on bringing down costs and new solutions to the table
Permanence through time
Effectiveness, verifiability, co-benefits for people and nature
Level of risk of adverse effects to people and nature
Additionality and how it complements to current projects
Discover the framework

Projects

Carbon Removal (7)

Decarbonization (6)

Protecting and restoring nature (4)

Read the 2022 Climate Transformation Fund progress report

Download report
Giving Green

"Giving Green recommends Milkywire’s carbon removal portfolio as one of the top donation opportunities for businesses"

See the report

Meet the experts

Robert Höglund

Climate fund manager at Milkywire
Robert specializes in carbon removal, and on how the corporate sector best can contribute to climate action. He previously headed Oxfam Sweden's policy and communications team, took part in the Science-based Target Initiatives' Net-zero standard expert advisory group, and has written policy reports on net zero, carbon removal, and consumption emissions. Robert sits on the board of the research program Mistra sustainable consumption and writes regularly on carbon removal for the publication Illuminem.
Contact Robert

Natalya Yakusheva Jarlebring

Environmental lead & Program officer at Milkywire
Natalya holds a PhD in Environmental Science, from Södertörn University, with her thesis focusing on nature conservation governance. She has since worked as a postdoctoral researcher on International Forest Policy at the Department of Forest Science at the University of Helsinki, where she focused on the EU debates around forest-related issues and its implications for the EU climate commitments. Natalya also has extensive experience working as a consultant in natural resource management and development of sustainability policies.
Contact Natalya

Advisory board

Members
During the selection process we work with an advisory group to help us choose the most impactful and sustainable climate projects for the portfolio. Final decisions on chosen projects are made by Milkywire but the ambition is to follow the advisory group’s guidance as far as possible. The advisory group is independent of Milkywire and the members do not necessarily endorse all of the projects that are chosen for the Climate Transformation Fund.
Derik Broekhoff

Scientist, Stockholm Environment Institute

Karen Holl

Professor, University of California

Carsten Warnecke

Expert, New Climate Institute

Cyril Brunner

Carbon removal researcher, ETH Zürich

Alexander Farsan

Former SBTI lead at WWF

Jan Mazurek

Senior Director, Climateworks

Emily Thai

Manager at Giving Green

Aki Kachi

Senior expert, NewClimate Institute

Steps towards global net zero

Companies should implement a credible fee that covers the full environmental and societal cost of their emissions. But how can such a level be determined? Our recommendation is to follow the WWF/BCG Blueprint for corporate climate action

1

Make a contribution

Join forward-thinking companies like Klarna, Silverlake, and Pangaia by making a donation to the Climate Transformation Fund. This may be a one-off contribution or a recurring amount based upon your company’s revenue or profits.

Donate

2

Not sure how much to donate?

Set a voluntary internal carbon fee to determine how much to donate annually based upon your emissions footprint. Our guide helps you calculate how much you should donate to limit global warming to 1.5°C by 2030.

Read our guide

3

Discover more

Our partnerships team will talk you through the various ways your business can exceed its sustainability goals. For example, our integration possibilities enable your customers and employees to contribute too, maximizing your impact.

Contact us

Get in touch

Can't wait to get started, or just curious to know more? Our partnership team based in Stockholm would love to answer your questions or explain our offering in more detail.