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Future Energy Ventures Approach to Net-Zero

At Future Energy Ventures we are convinced a portfolio approach to solutions is key to mitigating climate change. We need to scale existing climate solutions faster, and we need to support innovation of new solutions at the very earliest stages. The Future Energy Ventures Fund is an SFDR Article 9 Venture Capital fund and invests in climate tech start-ups and scale-ups which already are in the commercialization stage. In addition, the Future Energy Ventures team is committed to reducing its operational footprint, and supported by the Milkywire Climate Transformation Fund, to making contributions to innovative, catalytic climate projects that accelerate progress towards global net-zero goals.

Maximising long-term CO₂ impact

Since 2021, we have been measuring and offsetting our own GHG emissions, and since 2022 we have had in place an internal carbon fee of $100/ton for our Scope 1, 2 and business travel (scope 3), and $10/ton for our remaining scope 3. Instead of offsetting via carbon credits, we have made contributions equal to the internal fee to the Milkywire Climate Transformation Fund. This fund's overall goal is to maximise long-term CO2 reduction or removal per dollar spent. We are moving beyond offsetting because we believe our carbon compensation should be about more than our own “neutrality”, and rather aimed at creating maximum such positive impact. Our hope is that this donation will contribute far beyond the Future Energy Ventures footprint.

Image by Takachar & Safi Organics © Milkywire
Image by Takachar & Safi Organics © Milkywire
Milkywire's Climate Transformation Fund

Climate Transformation Fund

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.

Carbon removal project in a desert landscape
Durable carbon removal (CDR)
Decarbonization
Decarbonization iconDecarbonisation
Person in straw hat wading in water, tending to young mangrove plants in a flooded coastal area.
Nature protection and restoration
Projects supported by the fund
Drone shot of field lab

Durable carbon removal (CDR)

PyroCCS logo
PyroCCS

Namibia

PyroCCS pioneers sustainable industrial biochar carbon removal in the Global South, deploying its own low-cost, robust, pyrolysis systems powered by renewable energy and backed by a digital measurement and reporting solution. These plants efficiently convert invasive acacia bushes in Namibia, a significant threat to the savanna ecosystem, into high-quality biochar, while providing critical employment in regions with high youth unemployment rates. PyroCCS's scalable technology, which they are also offering as a solution to other project developers, not only captures carbon but also supports local agricultural and environmental recovery as well as food security.

Battery swap station

Decarbonisation

Neubolt logo
LUMS/Neubolt

Pakistan

This initiative introduces Electric Three-Wheelers (E3Ws) in Pakistan, replacing traditional three-wheelers with E3Ws with swappable batteries. The project implements solar- and biogas-powered battery swapping stations in peri-urban agricultural areas. Using the energy efficiency of E3Ws the project demonstrates a scalable model for sustainable mobility in Pakistan.

Woman working on a large textile or rug in a rustic wooden interior, focused on her craft.

Nature protection and restoration

Warsi

Indonesia

Indonesian Conservation Community WARSI is one of the oldest non-profit organisations in Indonesia addressing the issues of deforestation, illegal logging, illegal extraction of agarwood and expanding mining operations. WARSI in Indonesia helps indigenous groups and local communities get forestry licenses for their land, so they have the legal rights to it and can prevent it from being cut down. WARSI also provides capacity building and training so communities can sustainably manage and gain livelihoods from their forests.

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Climate solutions

Why funding climate solutions matters

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.

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