Klarna X Milkywire
Financing nature-positive action
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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: $14.6M
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
CORDIO EA
Kenya + 1 countries
CORDIO East Africa is tackling the decline of marine resources by helping local communities embrace sustainable approaches. Through education and involvement, they aim to address the factors leading to coral reef deterioration and the degradation of marine resources, promoting beneficial results for both coastal communities and the environment in Eastern Africa.
Policy & Accountability
Natural Justice
Kenya + 2 countries
Natural Justice works to defend the rights of indigenous and local communities impacted by climate change. Through legal empowerment, climate litigation, and solidarity funding, they support these communities while promoting ancient and indigenous knowledge to mitigate climate change and restore harmony with nature. Their project fosters learning opportunities among indigenous communities globally.
Innovative Finance
Blue Alliance
Indonesia
Blue Alliance is developing the Blue Finance Impact Facility, a blended finance mechanism, to regenerate coral reef ecosystems and improve livelihoods in Indonesia’s Central Sulawesi Province. The facility will support the management of 16 Marine Protected Areas (MPAs) spanning 600,000 hectares of coral reefs and develop reef-positive businesses like ecotourism, aquaculture and sustainable fisheries. Financial sustainability of the MPAs will be ensured through dividends and revenue-sharing, with a versatile structure that combines grants, refundable grants, performance impact loans, and climate insurance solutions.
Latest updates
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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.
