At Milkywire we are always asking the same question: how do we make every dollar invested for climate and nature as catalytic as possible? To us, catalytic means leverage. It means stepping in where others won't, generating learning that benefits the wider ecosystem and building things that outlast our funding. That north star shapes every funding decision we make. With climate funding in retreat globally, doing more with less has become even more urgent.

The Milkywire Climate Transformation Fund invites organisations to apply for its 2026 Open Call for Proposal under the Nature Protection & Restoration and Decarbonization Pillars. We seek high-impact projects that remove barriers to implementation, unlock innovation, and accelerate systemic climate transformation at the speed and scale required by climate science. Milkywire also invites expressions of interest (via a separate form) from organizations developing high-quality nature-based carbon credit projects, including those already certified or with a clear pathway to certification under recognized voluntary carbon market standards.

The outdoor winter sports industry will not survive through the 21st century unless society goes beyond global net-zero into net-negative emissions to lower earth’s average temperatures. Businesses that depend on revenues generated by winter recreation have a financial imperative to invest in negative emissions technologies today, so that we’re equipped to lower global temperatures in the future.

What we learned from deploying $17 million across 68 climate projects: system change beats direct deployment, the net-zero narrative has stalled, and the biggest gap now is giving companies a reason to act.

Net zero targets blur the line between what firms can directly control and what requires wider systemic change. This article introduces a new lens for clarifying responsibility, action, and claims under corporate net zero.