Climate Transformation Fund
A curated portfolio of high impact projects for sustainability leaders
The Climate Transformation Fund enables companies to take credible, science-based climate action that drives progress toward global net zero.
Climate Transformation Fund
A curated portfolio of high impact projects for sustainability leaders
The Climate Transformation Fund enables companies to take credible, science-based climate action that drives progress toward global net zero.
Through a portfolio of projects, the Climate Transformation Fund directs funding toward initiatives that deliver measurable, long-term CO₂ reduction and removal. Aligned with the SBTi’s Beyond Value Chain Mitigation guidance, the fund sets a new standard for credible, strategic climate contributions.
01 /
Durable carbon removal
02 /
Decarbonization
03 /
Protecting and restoring nature
Framework
The Climate Transformation Fund encompasses a wide array of projects, each addressing different themes and approaches.
01 /
Durable carbon removal (CDR)
02 /
Decarbonization
03 /
Protecting and restoring nature
$17M+
Contributions since the fund was created in 2021
65
Number of projects supported since 2021
27
Number of countries, spanning 6 continents
Our experts
Meet our fund managers
We collaborate with a broad network of experts and maintain a robust portfolio management system to ensure high quality and scientific rigor. The portfolio is overseen by a group of fund managers who work closely with an external advisory group.
Annika Richter
Carbon finance & sustainable energy expert
Natalya Yakusheva Jarlebring
Senior Environmental Lead
Robert Höglund
Head of Climate Strategy & CDR
Meet our advisory group
Grant Faber
Techno-economic Analysis Expert, Carbon-Based Consulting LLC
Fabiano Ximenes
Senior Research Scientist at NSW Department of Primary Industries
Carlos Härtel
Senior Industry & Investment Advisor, previously CTO Climeworks
Join us on our mission
The Climate Transformation Fund turns corporate ambition into real, measurable impact. Join a growing group of sustainability leaders driving the transformation toward global net zero.
portfolio Projects
Find out more about the projects in the portfolio
Our approach
What should a best-in-class company do for our climate?
Leading frameworks like SBTi, WWF/BCG, and Gold Standard/Milkywire endorse a four-step approach to credible climate action. Responsible companies go beyond emission reductions and implement an internal carbon fee to support climate projects beyond their own value chains.
By funding these external climate projects, companies can drive innovation and internalize environmental costs in order to reach global net-zero.
Robert Höglund, Head of Climate Strategy and CDR at milkywire
“After nearly five years, the Climate Transformation Fund is no longer a pilot. It’s a working model for how companies can fund climate action that actually moves the needle. We’ll keep testing, adjusting, and sharing what we learn, so others can build on it and help speed up the global transition to net zero.”
Through a portfolio of projects, the Climate Transformation Fund directs funding toward initiatives that deliver measurable, long-term CO₂ reduction and removal. Aligned with the SBTi’s Beyond Value Chain Mitigation guidance, the fund sets a new standard for credible, strategic climate contributions.
01 /
Durable carbon removal
02 /
Decarbonization
03 /
Protecting and restoring nature
Framework
The Climate Transformation Fund encompasses a wide array of projects, each addressing different themes and approaches.
01 /
Durable carbon removal (CDR)
02 /
Decarbonization
03 /
Protecting and restoring nature
$17M+
Contributions since the fund was created in 2021
65
Number of projects supported since 2021
27
Number of countries, spanning 6 continents
Our experts
Meet our fund managers
We collaborate with a broad network of experts and maintain a robust portfolio management system to ensure high quality and scientific rigor. The portfolio is overseen by two main portfolio managers who work closely with an external advisory group.
Annika Richter
Carbon finance & sustainable energy expert
Natalya Yakusheva Jarlebring
Senior Environmental Lead
Robert Höglund
Head of Climate Strategy & CDR
Meet our advisory group
Grant Faber
Techno-economic Analysis Expert, Carbon-Based Consulting LLC
Fabiano Ximenes
Senior Research Scientist at NSW Department of Primary Industries
Carlos Härtel
Senior Industry & Investment Advisor, previously CTO Climeworks
portfolio Projects
Find out more about the projects in the portfolio
Join us on our mission
The Climate Transformation Fund turns corporate ambition into real, measurable impact. Join a growing group of sustainability leaders driving the transformation toward global net zero.
Our approach
What should a best-in-class company do for our climate?
Leading frameworks like SBTi, WWF/BCG, and Gold Standard/Milkywire endorse a four-step approach to credible climate action. Responsible companies go beyond emission reductions and implement an internal carbon fee to support climate projects beyond their own value chains.
By funding these external climate projects, companies can drive innovation and internalize environmental costs in order to reach global net-zero.
Robert Höglund, Head of Climate Strategy and CDR at milkywire
“After nearly five years, the Climate Transformation Fund is no longer a pilot. It’s a working model for how companies can fund climate action that actually moves the needle. We’ll keep testing, adjusting, and sharing what we learn, so others can build on it and help speed up the global transition to net zero.”
Resources
Practical tools to support you
We create and share resources to advance credible climate and nature action. Developed in collaboration with leading experts, our articles, reports, whitepapers, and webinars are designed to make complex topics accessible and actionable for both newcomers and professionals.
01
04
Internal carbon fee guidance
Our white paper outlines the key steps for setting an internal carbon fee, a proven mechanism to drive accountability and fund climate impact.
CDR 101
Want to better understand durable carbon removal? Sign up for our CDR 101 crash course to get five bite-sized lessons delivered straight to your inbox.
Carbon removal targets
This practical guide provides clear recommendations for setting long-term and interim carbon removal targets within a net-zero strategy.
Webinars
Browse through our recorded collection of webinars, covering topics such as carbon removal targets, biodiversity actions, and scaling carbon removal.
Resources
Practical tools to support you
We create and share resources to advance credible climate and nature action. Developed in collaboration with leading experts, our articles, reports, whitepapers, and webinars are designed to make complex topics accessible and actionable for both newcomers and professionals.
01
04
Internal carbon fee guidance
Our white paper outlines the key steps for setting an internal carbon fee, a proven mechanism to drive accountability and fund climate impact.
CDR 101
Want to better understand durable carbon removal? Sign up for our CDR 101 crash course to get five bite-sized lessons delivered straight to your inbox.
Carbon removal targets
This practical guide provides clear recommendations for setting long-term and interim carbon removal targets within a net-zero strategy.
Webinars
Browse through our recorded collection of webinars, covering topics such as carbon removal targets, biodiversity actions, and scaling carbon removal.
We are here to help you take the next steps on your sustainability journey
We are here to help you take the next steps on your sustainability journey
© Milkywire AB, 2025. All rights reserved. Mailbox 3306, 112 73 Stockholm, Sweden. All donations are handled by WRLD Foundation Sweden (registered with org ID No "802526 - 9328") and WRLD Foundation US (registered 501(c)(3) charity).
© Milkywire AB, 2025. All rights reserved. Mailbox 3306, 112 73 Stockholm, Sweden. All donations are handled by WRLD Foundation Sweden (registered with org ID No "802526 - 9328") and WRLD Foundation US (registered 501(c)(3) charity).