Climate Transformation Fund
Climate Transformation Fund hero paragraph about this very important cause
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Nature restoration & protection
Decarbonization
Durable Carbon removal titleWhat should a best-in-class company do for our climate?
We follow the WWF/BCG Corporate Climate Mitigation Blueprint to achieve global net zero, focusing our expertise on steps three and four. Our Climate Transformation Fund is specifically designed for the crucial fourth step, aligning your company’s efforts with the path to substantial environmental impact. By adopting internal carbon fees and investing these funds in pioneering climate projects, you can create real environmental impact and propel your company towards a global net-zero future. MIlkywire something.
These are the fund pillars - read more here
These are the fund pillars - read more here. Jadajada bing bong. Jadajada bing bong. Jadajada bing bong. Jadajada bing bong, jadajadajada bing bong.
Nature restoration & protection
We will support screened and vetted organizations that preserve and protect forests and ecosystems and restore degraded areas. This helps reduce emissions, absorb CO₂ and conserve our nature globally.
Avoided deforestationAvoided deforestation
Community forest management (CFM) and tenure security
Farmer managed natural regeneration (FMNR)
Mangrove restoration and protectionProjects either protecting or increasing carbon stocks in nature.
Catalytic effect of donation: We prefer projects that could be replicated, spread to new communities, or help create new innovative solutions.
A strong track record of previously successful projects.
Sustainable from a social and local environmental perspective: The deployment of the project does not cause harm to people or local ecosystems.
Co-benefits: Projects are given a higher priority if they create benefits for marginalized communities , contribute to environmental justice or if they help ecosystems in other ways beyond storing more carbon.
Decarbonization
We will support effective projects that reduce emissions but are not profitable enough to happen on their own, this can for example be building renewable energy to replace fossil fuels in remote locations. We will also support civil society organizations that are effective in advancing efforts to accelerate the phase-out of fossil fuels. We are also open to projects that reduce emissions of other greenhouse gases, such as methane and nitrous oxide.
AdvocacySustainable from a social and local environmental perspective. The deployment of the project does not cause harm to people or local ecosystems.
Climate impact: Potential direct or indirect effect of the project on avoided emissions
High additionality: We want to support projects that are unlikely to happen without our support, (it is for example unlikely we would support a project if similar projects are happening without donations or sale of carbon credits).
Catalytic effect. Potential of the type of solution to scale and create impact outside of the project boundaries (for example by being a first of kind project for a new solution).
Co-benefits. Projects are given a higher priority if they create benefits for people in marginalized communities, create other social co benefits or if they help ecosystems in other ways beyond storing more carbon.
Durable Carbon removal title
To stop the climate crisis, we must cut CO₂ emissions in half over the next decade and then bring them close to zero. But emissions reductions won’t be enough to limit global warming to 1.5°C, some emissions from hard-to-abate sectors are expected to remain and to counterbalance that, carbon will need to be removed from the atmosphere and stored permanently. To address overshoot and bring temperatures back down the world also needs to remove large amounts of legacy CO₂ emissions. By supporting new ways of removing and storing carbon, we contribute to these methods developing and becoming cheaper for others to implement. As [recent research](https://www.sciencedirect.com/science/article/abs/pii/S254243512300449X) has shown, the coming decade is pivotal for carbon removal. Without the necessary support to bring it through its formative phase, CDR is not likely to be available at scale and in time to reach net-zero.
Bio Energy Carbon Capture and Storage (BECCS)
Woody biomass burial
Enhanced rock weathering (ERW)
Ocean CO₂ capture: ElectrochemistryAvoided deforestationDirect Air capture with storage (DACs)BiocharAvoided deforestationSustainable from a social and local environmental perspective. The deployment of the project does not cause harm to people or local ecosystems.
High additionality: The tonnes removed wouldn’t happen without someone paying for it.
Potential. The method has the potential to become a large part of the solution to the climate crisis.
Future low-cost: We assess the potential cost in the long-term and don’t fixate on the price today.
A catalytic effect. Our donation or purchase of removal certificates leads to a larger growth of the method than just the tonnes that we purchase.
Effectiveness: Does the activity have a net cooling effect from a system perspective taking secondary effects into account?
Durability (permanence). The CO₂ should ideally be stored away for hundreds or thousands of years.
Delivery: Certainty of the project happening as agreed.
Innovation and knowledge contribution: Does the solution broaden the ecosystem of CDR solutions or significantly increase scientific knowledge of the method used?
Co-benefits. Projects are given a higher priority if they create benefits for people in poverty, or if they help ecosystems in other ways beyond storing more carbon.
When credits or certificates are bought they will be retired, which means they cannot be resold and will not be counted as a financial instrument.
Nature restoration & protection
Tanzania
Farmers in warm countries can benefit by having trees on their land. They contribute to more water remaining in the ground and create shade for other plants. Justdiggit is training farmers to use natural methods to grow small trees into mature ones.
Decarbonization
Indonesia
New Energy Nexus is a global nonprofit providing funds, accelerators, and networks to drive clean energy innovation and adoption. This project will specifically focus on establishing a policy and regulatory framework that supports the growth of clean energy technology startups in Indonesia.