Klarna X Milkywire
Financing nature-positive action
© Amazon Frontlines
Our commitment
The Nature Transformation Fund
The Nature Transformation Fund is a curated portfolio of projects designed to drive transformative environmental action by protecting biodiversity, empowering local communities, and restoring critical ecosystems. Built on the success of Give One, the NTF bridges the global conservation funding gap and makes it easier for companies to join forces and deliver measurable, lasting impact. By aligning with Global Biodiversity Targets, the fund contributes to a healthier, more sustainable planet.
Impact to date
All time contribution
$15.8M
Fund total: $15.8M
Klarna has contributed $15.8M since 2021.
2025's contribution
$2.6M
Fund total: $2.6M
Klarna has contributed with $2.6M in 2025.
Supported projects
23
Klarna has supported a total of 23 projects in 32 countries.
Ecosystem Health
Policy & Accountability
Innovative Finance
Building on Give One
A legacy of environmental impact
In 2021, Klarna and Milkywire launched "Give One," a call-to-action initiative that supported holistic programs at the intersection of biodiversity, climate, and people. Klarna pledged to donate 1% of future funding rounds, earmarking $16.3 million to fund impactful projects. Over three years, this effort supported 53 initiatives across 31 countries, with 18 receiving continuous support. Notable achievements include planting 4.9 million native saplings in the Andes, restoring 195 hectares of wildflower-rich grasslands in the UK, and safeguarding the critically endangered Javan rhino in Indonesia. In 2024, the Nature Transformation Fund was launched to expand this work, leveraging lessons learned from Give One and providing a portfolio approach well-suited for joint corporate efforts. The fund’s framework was developed in collaboration with an external advisory group of scientific experts, ensuring every project aligns with leading science and best practices.
Focus areas
Shaping a resilient future
The Nature Transformation Fund advances its mission through three essential pillars. Innovative Finance harnesses conservation and blended finance to protect natural resources, ensuring sustainable funding and fostering community ownership. Policy & Accountability promotes science-backed policies and strategic litigation, empowering local communities to shape fair and effective environmental solutions. Ecosystem Health supports the ambitious '30x30' biodiversity targets, working to preserve 30% of the world’s land and marine areas by 2030 to combat biodiversity loss and safeguard vital ecosystems for future generations.
Milkywire's Nature Transformation Fund
Nature Transformation Fund
The portfolio is a dynamic solution for companies to contribute to global biodiversity targets through three pillars: (1) policy and accountability to address systemic challenges; (2) hands-on protection and restoration; (3) innovative financing to drive change. It takes an impact-first approach, aiming to catalyse significant, lasting environmental change by prioritising local community needs and keeping people at the center.
Ecosystem Health
Policy & Accountability
Innovative FinanceProjects supported by the fund
Ecosystem Health
Saving Vietnam’s Rare Species
Vietnam
The Annamite Mountains in Vietnam are home to many rare and endangered species, yet habitat destruction and illegal hunting threaten their survival. This project supports a conservation breeding center at Bach Ma National Park, ensuring that species such as the saola, Annamite striped rabbit, and Bourret’s box turtle have a viable future. By maintaining expert oversight, veterinary care, and breeding programs, the initiative lays the groundwork for future reintroductions and long-term species recovery.
Policy & Accountability
Natural Justice
Kenya + 2 countries
Natural Justice is working to protect Indigenous rights and traditional knowledge across South Africa, Kenya, and Senegal. The initiative focuses on legal advocacy, capacity-building, and integrating Indigenous knowledge into environmental policies. Through partnerships and global advocacy, the project ensures that Indigenous communities have a voice in environmental governance.
Innovative Finance
Conservation Finance Alliance
United States
The Conservation Finance Alliance (CFA) incubator aims to identify, incubate and enhance conservation finance solutions and tools to drive greater impact. Over the course of one year, it will support 5-10 groundbreaking projects selected through a global call for proposals by providing grants, mentorship, and development opportunities. By nurturing these concepts, the program aims to unlock additional funding and scale impactful conservation initiatives worldwide.
Latest updates
1 / 0
About Milkywire
Empowering nature action
Milkywire is a Stockholm-based company that connects businesses with a diverse range of high-quality climate and nature projects, designed to deliver significant and lasting impact globally. With portfolios developed by leading scientific experts, Milkywire focuses on key areas such as carbon removal, reforestation, nature protection, and policy advocacy. By partnering with Milkywire, businesses gain access to impactful initiatives aligned with established scientific frameworks, empowering them to drive positive change and make a tangible contribution to global sustainability efforts.
