Milkywire Climate Transformation Fund Selects WasteX for Premier Carbon Removal Portfolio

WasteX has been selected as a carbon removal supplier by Milkywire’s Climate Transformation Fund (CTF), a significant recognition in the climate tech space.

This partnership validates WasteX’s mission to deliver high-integrity carbon dioxide removal (CDR) through our full-stack biochar technology and solutions.

Why This Matters

High-quality, durable CDR solutions are essential to building a credible carbon market. Unlike low-durability offsets, these credits ensure long-term climate benefits.

In a competitive field of 280 applicants, WasteX was chosen after a meticulous review by Milkywire's independent advisory group. Milkywire strategically supports nascent climate solutions by prioritizing:

• Innovation in early-stage climate solutions

• Long-term sustainability and durability

• Co-benefits for communities and ecosystems

WasteX’s model directly supports these priorities. By converting agricultural residues into durable biochar, we ensure carbon remains locked away for centuries.

At the same time, our decentralized hubs create long-term sustainability by improving soil fertility and reducing farmers’ dependence on costly fertilizers. These hubs also generate co-benefits for local communities, from increased income due to higher yields to stronger climate resilience.

Scaling the Impact

Being part of the Climate Transformation Fund provides critical early-stage support to scale our model of decentralized biochar hubs across Indonesia.

"Milkywire’s selection of WasteX is a testament to our efforts to develop a new biochar operating model with high-tech, decentralized hubs supporting local farming communities. With this funding, we will continue to scale across Indonesia." - Pawel Kuznicki, Founder and CEO of WasteX

With Milkywire’s support, WasteX will continue to scale its carbon removal capacity and refine its biochar operating model. We are committed to building strong partnerships with local farming communities, ensuring that climate solutions also deliver tangible social and economic benefits.

Our vision is clear: accelerate the adoption of durable, high-quality carbon removal while creating resilient agricultural systems for the future.