

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)
Netherlands
Remove is a non-profit accelerator supporting early-stage carbon removal startups. By expanding their global reach, particularly in underrepresented regions, they catalyze local innovation, ecosystem growth, job creation, and broader carbon removal market development. In this project we are funding their expansion into new geographies.

Decarbonisation

United Kingdom
Opportunity Green is working to end the exemption of international flights from the EU Emissions Trading System, which leaves more than 80 MtCO₂ unregulated each year. Through legal interventions, policy briefs, and alliances with innovative aviation companies, the initiative builds the case that including long-haul aviation is essential for EU climate integrity and competitiveness. The strategy also leverages Ireland’s upcoming EU Council Presidency and support from climate vulnerable countries to secure reform. Bringing international aviation into the ETS would close a major gap in EU climate policy and generate significant revenues for climate action.

Nature protection and restoration

Ecuador
The Kawsay Ñampi project, led by the Kichwa People of Sarayaku in the Ecuadorian Amazon, protects 142,500 hectares of intact rainforest through Indigenous governance and modern monitoring tools. The project is developed under the Climate Justice Standard, which ensures that the project channels most funds directly to community priorities while piloting an ethical, non-offset Climate Justice Contribution model. It offers a replicable pathway for Indigenous-led, high-integrity climate and biodiversity solutions.
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.