Milkywire

Big news! We are thrilled to announce the latest nature and emission reduction projects chosen by the Climate Transformation Fund in our mission to protect nature and accelerate decarbonization. After reviewing over 700 applications, we've selected impactful initiatives that align with our vision for a sustainable future. Read more here: https://lnkd.in/diMQyFH9 🌳 Nature protection and restoration: From over 500 applications across 80+ countries, we have selected projects that promise significant carbon sequestration, community benefits, and ecosystem restoration. Here are some highlights: -Ulysses (Western Australia): Restoring thousands of hectares of seagrass meadows using innovative robotic technology. -Fundación de Conservación Jocotoco (Ecuador): Reforesting 400 hectares with 200,000 native trees to protect biodiversity hotspots. -Justdiggit Digital regreening (Africa): Developing a mobile app to provide regreening techniques to farmers, promoting sustainable land management. 🔋 Emission reductions: From over 200 applications, we selected projects that strike a balance between high impact and measurable outcomes: -Precision Development (PxD) (India): Optimizing nitrogen fertilizer use among smallholder rice farmers to reduce nitrous oxide emissions. -LUMS/Neubolt (Pakistan): Introducing Electric Three-Wheelers with renewable energy-powered battery swapping stations for sustainable mobility. -Clinton Health Access Initiative, Inc.(South Africa): Transitioning hospitals to renewable energy to significantly reduce emissions. 🌐 Our Impact: Since 2021, the Climate Transformation Fund has supported 30 projects worldwide. By the end of this year, we expect to have distributed over $13 million to more than 45 climate projects. Our fund, backed by companies like Klarna, Spotify, and ING, leverages internal carbon fees to generate budgets for climate support. 🚀 Join Us! If you're interested in scaling climate solutions, supporting pioneering CDR initiatives, or learning about setting an internal carbon fee, get in touch. #ClimateAction #Sustainability #Decarbonization #NatureRestoration #Milkywire #ClimateTransformationFund

🌟 Hiring Alert! We are thrilled to announce an Impact Internship opportunity for this Fall 🌟 The role provides a unique chance to gain insight into the world of corporate climate action and environmental stewardship, while also being part of a fast paced and impact driven start-up environment. Discover more about the role and apply here: https://lnkd.in/epqhKmJA Join us on our mission to establish Milkywire as the leading impact platform for climate and nature funding 🌍 🌿

🌿 ICYMI: Webinar on Biodiversity Action 🌿 We had an insightful and engaging webinar on May 29, 2024, where we explored how businesses can take the lead in biodiversity action. Hosted in collaboration with Klarna, Milkywire, and the award-winning organization Acción Andina, the session delved into the pivotal role businesses can play in supporting biodiversity and the tangible benefits that come from these actions. Key Highlights: Salah Said shared invaluable lessons from Klarna’s three-year journey in biodiversity initiatives. Their proactive approach, despite being a low emitter, underscores the importance of corporate responsibility in driving environmental sustainability. Florent Kaiser from Acción Andina emphasized the critical need for biodiversity funding and the broader social and environmental impacts of such efforts, beyond just reforestation.  Missed the live session? You can view the recording or reach out to us if you want to learn more here:  https://lnkd.in/e2GkZJWh

Milkywire is looking for an Impact Communications and Growth Manager to join the team. You will play a key role in our growth journey and help amplify impact within Climate and Nature. You can find the ad here: https://lnkd.in/dGUwMxGR. Please apply as soon as possible as we will be meeting candidates ongoing. We can't wait to meet you!

🌍🌱 New Blog Post Alert! 🌱🌍 Explore our latest blog post on Financing Nature Restoration: Addressing the Ambition Gap with an Internal Nature Fee. Discover learnings from the climate space on the gap between companies' willingness to pay and their ability to do so, why a contribution logic is essential and helpful, and practical steps to implement it. Read the full post here. https://lnkd.in/eUGqwnd5 Plus, don't miss our upcoming webinar on how businesses can lead the way in biodiversity action! 🌿 Register here https://lnkd.in/dRYV_MH9

We are excited to announce that Natalya Yakusheva Jarlebring, manager of our Climate Transformation Fund, has been appointed as an Advisory Board member of Carbon Unbound Europe, taking place on 11-12 September 2024 in London. The summit will focus on what is business-critical for 2024 and beyond in order to achieve the mission of removing one gigaton of carbon from Earth's atmosphere. Find out more at https://lnkd.in/gEaJC9w6 and sign up for the waitlist to gain early ticket access.

📣💚Join us for our webinar, How can businesses lead the way for biodiversity action? on Wednesday 29th May at 4 PM CEST. 💚 📣 https://lnkd.in/dRYV_MH9 This joint session with Klarna, Milkywire, and the award-winning organisation Acción Andina will explore how business can contribute to biodiversity efforts, the business value derived from these actions, and the real-world impact they enable. ✅ Highlights: - Learn from Klarna's experience in supporting biodiversity initiatives over the last three years. - Discover how even companies with low direct dependence on nature can significantly contribute to environmental sustainability. - Hearing from the award-winning impact organisation, Acción Andina, on the impact they have enabled on the ground. 📅 Register Here! Even if you can't join live, register to receive a recording of the event. https://lnkd.in/dRYV_MH9 Salah Said Alexander Farsan Jill Raval Florent Kaiser

XPRIZE just listed the world's top 20 carbon removal companies. Five CDR suppliers we already supported for the Climate Transformation Fund made it to the top 20 from the top 100 which is amazing! Congratulations to Heirloom, Octavia Carbon, Silicate, MASH Makes, Takachar. + Mati Carbon which we selected this year. All of top 20 are competing for the $50 million CDR Xprize. https://lnkd.in/gdCeNyqw

New blog post! In our latest blog post, Milkywire's Senior Environmental Lead Natalya Yakusheva Jarlebring shares her reflections on how voluntary positive action to protect and restore forests complements the EU's New Deforestation Rules. Natalya states: “Through our Forest and Landscapes Fund companies can support a curated portfolio of projects aiming to halt deforestation and restore forest ecosystems in some of the most biodiverse areas of the world. The portfolio of projects include a wide range of projects, ranging from UN Flagship Programme and Earthshot Prize winning Acción Andina to supporting Human Rights Watch advocacy work to investigate, expose and push for stricter regulation and stronger enforcement of legislation.” Luciana T. researcher on Forests, Human Rights and Climate at Human Rights Watch, adds "Milkywire’s support has enabled Human Rights Watch to effectively advocate for the EU Deforestation-Free Products Regulation to be adopted, and to produce factual human rights research that supports implementation. Our investigations focus on high-risk jurisdictions, targeting the roots of environmental destruction and rights abuses. With continued support, we aim to further influence legislation globally". https://lnkd.in/e6atm4uY

Big news! After an extraordinarily competitive selection process, Milkywire has chosen thirteen new carbon dioxide removal suppliers we intend to support through the Climate Transformation Fund. This year, we reviewed over 220 CDR proposals through our open call, and have chosen suppliers who are pushing the limits of current technology. CDR is crucial, but it's still in the early stages. For CDR this decade is all about figuring out which technologies are the most effective, affordable, and scalable and laying the foundation for an industry that can scale massively in the years to come. Congratulations to: Aquarry, Flux, Mati Carbon, Vycarb, Alkali Earth. Gaia Refinery, Yama (formerly Maia) Ucaneo, Carbon Atlantis, Holocene Solidaridad Network/Planboo, BIOSORRA, PyroCCS - Biochar CDR Solution. These new partnerships include ventures in new geochemical solutions such as Aquarry’s method of using mine pit lakes, novel direct air capture methods as Gaia Refineries mix of biomass removal and DAC, and very scalable biochar technologies increasing the incomes of vulnerable farmers such as in Planboo and Solidaridads project. We are excited to be the first significant buyer for many of these companies. Read about all selected suppliers here: https://lnkd.in/g5Ck4nMA Basically all of these startups need more support than we currently can give them to properly try out their solutions at a relevant scale. We need you to pitch in as well. Get in touch, and we will let you know how your company can support the CDR startups in the fund with a pre-purchase or donation.  The Climate Transformation Fund aims to support all types of solutions needed for global net zero, including emission reduction, and nature restoration & protection projects. For these categories our 2024 selection is still ongoing. Klarna, the founding donor to the fund, just announced that they are raising their fee to $200 per tonne in Scope 1 and 2, while contributing $100 for emissions from business travel and $10 per tonne for the rest of Scope 3. In 2024 they will contribute over $2 million, making their total contribution to projects in the fund $7 million since 2021. The fund is also supported by companies like Spotify, BioGaia AB, Atomico and Mentimeter and has supported 30 projects worldwide since 2021. By the end of this year, we expect to have paid out more than $13 million to over 45 climate projects in total. https://lnkd.in/g5Ck4nMA