Carbon dioxide removal (CDR)

We are a market leader in sourcing durable carbon removal from the world’s most promising emerging suppliers
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Carbon Capture Scotland
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Our solution

Advance the CDR market with our catalytic portfolios

Milkywire is at the forefront of carbon removal, having supported 27 cutting-edge CDR companies through our Climate Transformation Fund (CTF). Selected through one of the most competitive and rigorous calls for proposals, our projects are designed to drive innovation and create catalytic impact. To further meet the growing demand for permanent carbon removal credits, we now offer two tailored portfolio options—Seed CDR and Scale CDR. These options provide long-term climate impact and flexible solutions for businesses to achieve their sustainability goals.

  • Direct air capture (DACCS)

  • Enhanced weathering (ERW)

  • Biochar

  • Ocean carbon capture

  • Bioenergy carbon capture (BECCS)

Scale CDR Portfolio
Seed CDR Portfolio
Why invest in CDR?

The role of CDR in corporate and global net zero

Carbon Dioxide Removal (CDR) is crucial for achieving net zero targets. While emission reduction is essential, CDR addresses existing atmospheric carbon, critical for halting warming and reducing temperatures. The rapidly innovating CDR sector needs accelerated scaling to meet future demand.

  • De-risk net zero: secure early access, avoid future scarcity

  • Accelerate market: drive growth, lower costs, improve tech

  • Ensure availability: build a robust CDR ecosystem for long-term strategies

  • Fuel innovation: propel development of efficient carbon removal methods

Our approach

How Milkywire works

Milkywire optimizes carbon dioxide removal (CDR) through strategic corporate collaboration. We consolidate funding from forward-thinking companies, partner with innovative CDR suppliers, and accelerate technology development through targeted investments. Our advanced platform provides real-time, transparent tracking of project progress and impact. This efficient approach not only speeds up the deployment of cutting-edge CDR solutions but also offers businesses a clear pathway to achieve their sustainability objectives.

Step 01
Pooling corporate funding

Milkywire gathers contributions from companies to fund pre-purchases and offtakes of CDR credits from suppliers. This collective approach drives greater impact and accelerates innovation.

Step 02
Sourcing and securing suppliers

We carefully vet and select CDR suppliers with the most promising solutions. Our focus is on technologies with the highest potential for long-term success.

Step 03
Catalyzing CDR Innovation

Suppliers receive funding to kickstart their projects, enabling rapid development. In return, carbon removal credits are delivered within 2-5 years, ensuring a reliable pipeline of high-quality CDR solutions.

Step 04
Tracking impact and progress

Milkywire’s platform provides transparent reporting, offering real-time updates and detailed progress insights. This ensures you can see the tangible results and impact of your contribution as projects scale.

Select impact metrics

220

Applications

Milkywire has received over 220 applications from CDR suppliers in 2024’s call for proposals.

20

Countries

Carbon removal projects are located within 20 countries spread across 6 continents.

27

Projects

Our CDR portfolios currently support over 27 leading CDR companies.

Maximize your impact

Strengthen your net zero strategy with carbon dioxide removal solutions today

CDR offering

Explore our carbon removal portfolios

Our two CDR portfolios offer a diverse range of projects with distinct themes and approaches. They differ mainly in carbon credit delivery timelines, company maturity, and catalytic impact. The Seed CDR portfolio emphasizes innovation and very early-stage purchases, while the other focuses on scaling still early but more established suppliers, providing flexible options to suit your needs.

Scale CDR Portfolio

In the Scale Portfolio, we focus on scaling up the most successful carbon removal projects that have already proven their effectiveness in our previous Seed Portfolio. By repurchasing from these high-potential suppliers, we ensure their continued growth and expansion, offering a reliable and predictable source of carbon removal credits with shorter delivery times. This portfolio is ideal for those who want to invest in proven technologies while still making a catalytic impact.

Seed CDR Portfolio

In the Seed portfolio, we annually select new removals projects that would benefit most from early-stage purchases. Whether it's proving a completely novel technical solution or helping a new biochar provider with exceptional co-benefits get off the ground, the rigorous selection seeks to maximize impact. High quality is just a hygiene factor. This option is ideal for those who want to make the most catalytic impact possible.

Our methodology

How we ensure quality and scientific rigor

We have a rigorous selection process for new projects, based on a call for proposals. We vet projects according to our framework evaluating innovation, potential and scalability together with integrity, durability, safety, legal compliance, and measurable impact. Our external advisory group reviews these evaluations, helping us prioritize projects that deliver significant environmental and social benefits while ensuring that our support is both necessary and impactful.

Portfolio managers
Expert Guidance

CDR and BVCM strategy

We understand that every company’s sustainability goals and budgets are unique. That’s why we offer tailored advice and practical tools to help you integrate CDR and beyond value chain mitigation solutions into your climate targets. Whether you’re new to CDR or looking to expand, we can guide you in choosing the right options that align with your business strategy and sustainability objectives. Reach out today to get started.

Frequently asked questions

What is the difference between the Climate Transformation Fund (CTF) and Milkywire's CDR portfolios?

The Climate Transformation Fund is our first-hand recommendation for companies wanting to help reach global net zero. The fund has three pillars, durable CDR, nature restoration & protection and emission reductions. Since the start of the CTF in 2021 we have supported 45 projects, of which were 27 different CDR projects, often being the first buyer. Companies make charitable, tax-deductible donations to the CTF.

We have received requests from companies who prefer to buy and own the credits from these CDR suppliers instead of making donations, and now we open up two credit CDR portfolios, building on our CDR work under the CTF.

What is your criteria for selecting CDR projects?

We select CDR projects based on their potential for long-term climate impact. We prioritize innovation, scaleability and co-benefits. Other key criteria include durability (carbon stored for centuries or longer), cost reduction potential, and additionality (projects that wouldn't happen without our support). We take a different role than most buyers, not just looking for high-quality projects but also those that broaden the CDR ecosystem by developing new solutions or those with exceptional future potential or co-benefits.

Why should we buy expensive novel carbon removal credits?

Buying novel carbon removal credits helps drive the innovation and the infrastructure to build a sector that is a crucial climate solution. To reach our global goals we need a CDR sector capable of removing billions of tonnes per year at a low-cost. By investing now, we help these technologies become more affordable and accessible, ensuring they can make a bigger impact in the future. If we do not buy now it won't be available later.

How does investing in these portfolios help our company achieve its sustainability goals?

Investing in Milkywire’s CDR portfolios allows your company to take a leadership role in climate action by supporting the development of essential carbon removal technologies. This not only helps your company reduce its net carbon impact but also demonstrates a commitment to innovative and long-term climate solutions, which can enhance your brand’s reputation and align with your sustainability goals.

How do Milkywire's CDR portfolios differ from traditional carbon offsets?

Unlike traditional carbon offsets, which typically focus on compensating for emissions by investing in projects like reforestation or renewable energy, Milkywire's CDR portfolios are designed to remove CO₂ from the atmosphere and store it permanently. This means that the carbon removal is durable and cannot be easily reversed. Additionally, Milkywire’s approach emphasizes funding innovative technologies that are critical for reaching global net-zero but are still in early stages and need support to scale.

What types of companies or organizations typically invest in the CDR portfolios?

Companies that are committed to ambitious climate goals and want to go beyond traditional carbon offsetting are ideal investors in our CDR portfolios. These include corporations that have adopted internal carbon pricing, are leaders in sustainability, or are looking to support innovative solutions that contribute to global net-zero targets. Our current partners include tech companies, financial institutions, and consumer brands that prioritize long-term climate impact over short-term gains.

How are the funds in the CDR portfolios allocated?

The funds are strategically allocated across a diversified portfolio of projects, chosen for their potential to deliver substantial and measurable carbon removal. The Seed Portfolio focuses on early-stage projects that need initial funding to prove their viability, while the Scale Portfolio invests in projects that are already demonstrating success and need support to expand. We prioritize projects where our funding can have a catalytic effect, accelerating the development and deployment of these technologies.

How does Milkywire monitor the long-term success of the projects?

We implement a robust monitoring and evaluation process that includes regular progress reports from project partners, independent third-party verification when applicable, and ongoing assessments by our advisory group. We track key metrics such as the amount of CO₂ removed, the durability of the storage, and any co-benefits for local communities and ecosystems. This ensures that the projects continue to deliver the expected climate impact over the long term.

Can we choose specific projects within the portfolio to support?

While the portfolios are designed to offer a balanced and diversified approach to carbon removal, we understand that some companies may have specific interests. We offer bespoke portfolios that can be tailored to align with your company’s values, sustainability goals, and areas of interest, allowing for targeted investments in specific technologies or regions.

What happens if a project no longer meets Milkywire's criteria after initial funding?

If a project fails to meet our criteria after initial funding, we reassess its potential for continued support. We may reduce or withdraw funding and reallocate resources to other projects that align better with our goals. Our focus is on ensuring that all supported projects contribute meaningfully to our mission of achieving global net-zero.

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