Our impact funds

Our philanthropic impact funds are portfolios of high-quality projects supporting positive change across multiple environmental topics. The funds are carefully curated by Milkywire’s in house experts to maximize long-term impact.

Forests and landscapes

Climate Transformation Fund

The Climate Transformation Fund, established in 2021, focuses on innovative projects that accelerate global net-zero goals. Our mission is to achieve maximum long-term CO₂ reduction or removal per dollar spent. We're committed to supporting new technical solutions, influencing climate policy for greater ambition, and scaling up nature-based climate projects. With 30 projects already backed and 15+ partners on board, we're paving the way for a more sustainable future.

  • Alignment with SBTi framework

  • In partnership with Gold Standard

  • Scientific framework guided by leading experts

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Select Impact Partnerships



Consists of all projects supported by Milkywire to date.



Total number of countries with project locations to date.



Total contributions by corporate partners in USD.

Meet our experts

Robert Höglund

CTF Fund Manager

Robert Höglund is a carbon dioxide removal (CDR) and climate policy expert. In addition to managing the Climate Transformation Fund, he co-founded the CDR market overview CDR.fyi, works with the NGO Carbon Gap, and publishes reports and articles on carbon removal and corporate climate contributions. He is a member of the EU Expert Group on Carbon Removals, the Science-based Target initiative's (SBTi) Technical Advisory Group, and the board of the KTH-led research program Mistra sustainable consumption. Robert previously headed Oxfam Sweden's policy and communications team and founded the Climate Goal Initiative in Sweden.

Natalya Yakusheva Jarlebring

Senior Environmental Lead

Natalya holds a PhD in Environmental Science and has previously worked as a postdoctoral researcher on International Forest Policy at the Department of Forest Science at the University of Helsinki. There she focused on the forest-climate nexus in implementation of the EU climate commitments. Natalya has extensive experience working as a consultant in natural resource management and development of sustainability policies for several international and donor organizations such as UNEP, UNDP, and GIZ.

Jill Raval

Senior Impact & Partnership Manager

Jill Raval is a sustainability expert specializing in marine and freshwater ecosystem conservation and sustainable finance. Her career has been marked by significant roles at the World Resources Institute (WRI) and the United Nations Environment Programme (UNEP), where she led over ten projects to approval by the Global Environment Facility (GEF). Jill’s contributions include prominent initiatives in conservation finance, freshwater and marine governance, blue economy and wastewater management. She has actively worked with NGOs, CSOs, and intergovernmental agencies to advance sustainability practices. A graduate of the Stockholm Resilience Center, Jill’s research provided deeper insights into the blue economy and the financial sector's role in sustainable practices.

Anna Samuelsson

Head of Impact

LLM from Uppsala University. 15 years of working with sustainable development. Expertise within compliance, due diligence & anti-fraud.

Quality Assurance

Our path to maximum impact

Our rigorous screening criteria and processes guarantee the excellence of our impact funds, making sure that your investment drives real change. Each fund is guided by a science-backed strategy and a methodology which informs our project selection. Additionally, we regularly seek independent external advice to identify the best organizations and shape our fund strategies.

  • Designed to boost global impact

  • Based on latest science, reviewed by experts

  • Access to hard-to-find and pioneering projects

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Selection criteria

Our commitment to high standards

We use strict criteria to identify the world's foremost projects, setting the stage for awe-inspiring impact. Our fund managers meticulously curate these projects, ensuring they not only meet our standards but also seamlessly align with the framework of their respective funds. Our criteria include:

  • Impact potential: Feasibility, scalability and sustainability

  • Addressing the root causes

  • Co-benefits for people and nature

  • Low risk for adverse effects

  • Local ownership

  • Financial viability, transparency & accountability

Main SDGs covered

We're supporting initiatives all around the world working with our planet's most urgent issues. Our goal is to find locally rooted organizations that are reliable, skilled, and focusing on efforts for the following UN Sustainable Development Goals:

  • 6 Clean Water and Sanitation

  • 13 Climate Action

  • 14 Life below Water

  • 15 Life on Land