At Northzone we believe that our role and responsibility in the climate challenge goes far beyond "neutrality". We always look for disruptors truly changing how things are done and we should do so also when we compensate for our own carbon emissions. We have chosen to apply an internal carbon fee (100USD/tonne for Scope 1 & 2, 10 USD/tonne for Scope 3) and annually support the Milkywire Climate transformation fund with this donation. We do so because we believe that our carbon compensation should be linked to creating maximum climate impact. Further, we believe that collaboration and innovation are key to solving the climate crisis. This setting allows us to support and track the results of catalytic research in new reduction and removal techniques and to engage in collaboration across the tech & impact ecosystems.
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.
Durable carbon removal (CDR)
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.
Decarbonisation
South Africa
CHAI will work on the high impact project of transitioning a portfolio of hospitals in South Africa's Western Cape Province to renewable energy. This could be a high impact measure that is currently not occurring due to the limited capacity of the department of health and because of bureaucratic hurdles to innovative financial and energy contracts. The project has the potential to reduce emissions by hundreds of thousands of tons, and leverages CHAI's extensive experience in health sector procurement and innovative finance.
Nature protection and restoration
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.
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.