Future Energy Ventures Climate Contribution

At Future Energy Ventures we are convinced a portfolio approach to solutions is key to mitigating climate change. As an SFDR Article 9 Venture Capital fund, we invest in climate tech start-ups and scale-ups, and through the Climate Transformation Fund, we support innovative projects that accelerate 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.

Climate Transformation Fund

Milkywire's Climate Transformation Fund, established in 2021, focuses on innovative projects that accelerate global net-zero 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.

Latest updates from the field

We have been monitoring different steel slag gravel deployments at our sentinel research site all summer. Understanding how different blends of materials and different deployment characteristics affect CO2 removal rates and capacities is critical to ensuring that our full-scale projects are optimized. Each test pad is outfitted with a gas flux monitoring system, temperature and moisture probes, and sub-pad soil lysimeters. With this equipment, we're tracking hourly CO2 removal rates, gravel conditions, and leachate chemistries.

October 10, 2024Alkali Earth

🌾🌟 BIOSORRA's trainings are at its core of #regenerativeagriculture education programs!

In these trainings, we equipped with soil fertility education to grow healthier crops and commitment to sustainable farming practices, creating an army towards sustainability and farming resilience.

We’re excited to see how Biochar Bora is supporting School Demo Farms and Woman Farmers as we path the journey toward a greener future. 🌍💚

October 7, 2024BIOSORRA

Empowering Farmers with Soil Data

Flux recently visited farmers participating in our earlier deployments to distribute soil sampling certificates. Soil analysis is typically a costly endeavor for most subsistence farmers in Kenya. By providing free soil analysis, Flux empowers farmers with valuable insights into their soil's nutrient and organic carbon content.

Our agronomists offer tailored advice based on these results, suggesting additional farming techniques to optimize agricultural practices.

This added benefit of ERW deployments significantly contributes to the development and resilience of these communities.

October 4, 2024Flux

We would like to share that the Policy Analyst team recently finished the 4th NEX STEP XChange in Bali Province, in collaboration with Bali's Energy and Mineral Resources Department and the Society of Renewable Energy Udayana University (SRE Unud). This event consisted Policy Workshop that discuss current Bali energy regulation and what can youth do to enhance the regulations there

October 3, 2024New Energy NexusIndonesia

The East Java Cleantech Ecosystem Roundtable Discussion took place from June 4-6, 2024, organized by the NEX Indonesia to enhance stakeholder commitments.

Topics included commercialization of university research and funding schemes for startups. The East Java Regional Research Agency expressed interest in establishing forums for grant funds to bridge industry-academia collaborations. Additionally, financial institutions discussed support for 'matured' startups, focusing on crowdfunding and matching funds due to perceived risks in direct support. East Java Industry Agency seeks to integrate cleantech startups into the green industry forum.

October 2, 2024New Energy NexusIndonesia

It is the dry season of the year that farmers are preparing for the next rain season by maintaining fanya juu fanya chini trenches and/or digging new trenches. These trenches are used to harvest surface running rainwater and stop soil erosion. The harvested rainwater infiltrate in the soil helping to increase water availability for the crops which leads to better yields. Farmers in our program areas in Singida have already started digging these trenches so as to prepare for the next farming season. In the photo, is a farm owned by Damas Hupa a farmer from Munkinya village. He is happily repairing his trenches with the help of fellow farmers.

September 30, 2024JustdiggitDodoma, Tanzania

Example costs

$20

can buy 1 tonne of limestone

1 tonne has potential to capture over 3 tonnes of CO₂ in the recycling process at Heirloom.

* These costs are based on sample budget items submitted to Milkywire by Heirloom

Close-up of white and beige crushed limestone rocks or gravel, showing various irregular shapes and sizes.

$300

can remove 1 tonne of Co2

Capture Capture Scotland works with distilleries to remove biogenic CO2 from fermentation – an element of whisky production. Carbon Capture Scotland’s Project Nexus, aims to remove one million tonnes of CO2 from the atmosphere per year by 2030.

* These costs are based on sample budget items submitted to Milkywire by Carbon Capture Scotland

Copper still in distillery with steam rising, gleaming metal surfaces reflecting light in industrial setting.

$250

can train one person on soil management

This helps contribute to sustainable soil management techniques implemented by Husk.

* These costs are based on sample budget items submitted to Milkywire by Husk

Worker in blue Husk shirt and cap tending to a lush field of flowering plants on a sunny day.

$65

can re-green 1 hectare

Based on farmer-managed natural regeneration processes at Justdiggit.

* These costs are based on sample budget items submitted to Milkywire by Justdiggit

Person standing by a distinctive acacia tree in a grassy savanna landscape under a partly cloudy sky

Supported Projects

Decarbonization (9)

Nature protection and restoration (9)

Durable carbon removal (27)

Supporting the UN goals

The United Nations Sustainable Development Goals represent the world’s best plan to secure the future of our planet. The projects follows and are aligned with:

Green square icon with number 13, text "Climate Action", and an eye-shaped globe symbol representing environmental awareness.

About Milkywire

Milkywire is a pioneering sustainability platform founded in 2018 that empowers companies and private individuals to drive global climate and nature action. With market-leading solutions, the platform offers access to impactful environmental projects, from nature restoration and protection, to carbon removal, and provides transparent reporting and digital tools for effective stakeholder management and business value enhancement.