
At Northzone we believe that our role and responsibility in the climate challenge goes far beyond "neutrality". We always look for disruptors truly changing how things are done and we should do so also when we compensate for our own carbon emissions. We have chosen to apply an internal carbon fee (100USD/tonne for Scope 1 & 2, 10 USD/tonne for Scope 3) and annually support the Milkywire Climate transformation fund with this donation. We do so because we believe that our carbon compensation should be linked to creating maximum climate impact. Further, we believe that collaboration and innovation are key to solving the climate crisis. This setting allows us to support and track the results of catalytic research in new reduction and removal techniques and to engage in collaboration across the tech & impact ecosystems.
Milkywire's Climate Transformation Fund, established in 2021, focuses on innovative projects that accelerate progress toward net-zero targets and align with ambitious sustainability leadership 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 projects. With 49 projects already backed and 15+ partners on board, we're paving the way for a sustainable future.
Durable carbon removal (CDR)
Canada + 1 countries
Backwater introduces an innovative, shallow-depth geological storage method for dissolved CO₂. This novel approach expands geographic accessibility, enabling co-location of CO2 capture and underground storage. By eliminating transport and reducing well costs, Backwater makes smaller projects cost-effective and unlocks untapped CDR potential in storage-constrained regions.
Decarbonisation
Indonesia
New Energy Nexus (NEX) is a global non-profit organisation dedicated to innovation and adoption of clean energy technologies. We are supporting NEX in Indonesia to establish a policy and regulatory framework for the growth of clean energy technology startups. NEX has a good global track record as well as strong results from supporting clean energy startups in Indonesia.
Nature protection and restoration
Indonesia
Planète Urgence is a non-profit organisation dedicated to environmental conservation and community development, with a notable presence in Indonesia. Their work spans various critical areas, including the restoration of mangroves and coastal trees, fostering sustainable aquaculture practices, and enhancing the economic well-being of local communities. The supported project is specifically tailored to combat the ecological harm caused by shrimp farming and deforestation in the fragile ecosystems of Borneo's Mahakam Delta and Adang Bay. This multifaceted initiative includes essential components such as environmental education, the establishment of community mangrove nurseries, and the provision of training in sustainable aquaculture practices. Through these concerted efforts, Planète Urgence aims to not only mitigate the environmental damage but also empower the local communities to adopt more sustainable livelihood practices.
Taking meaningful climate action is essential for addressing the climate crisis. Strategies like internal carbon fees allow businesses to invest in high-quality projects that tackle critical challenges, such as carbon removal, nature restoration, and reforestation, while driving measurable and lasting impact. This approach fosters innovation, accountability, and real progress toward a net-zero future. Milkywire supports companies in achieving effective climate action through its proven Climate Transformation Fund. Aligned with leading frameworks like SBTi and guided by top scientific experts, the fund ensures every contribution supports impactful, science-backed projects. With rigorous quality assurance, transparent reporting, and a focus on maximizing outcomes, Milkywire offers a best-in-class solution for funding meaningful environmental change.