April 2023
Carbon Optimum is excited to announce its partnership with SDG Impact Fund (SDGIF). SDGIF is a Donor Advised Fund dedicated to the UN Sustainable Development Goals (SDGs). They have been recognized as one of the most innovative and forward-thinking pioneers in regenerative philanthropy, known for their ability to bridge the worlds of charitable giving and catalytic finance. By doing so, they are making philanthropic giving more flexible, regenerative, and transformative, and paving the way for a new era of sustainable and impactful giving.
Their partners span the entire range of the UN’s Sustainable Development Goals. Some of their carbon and environmental partners include The Carbon Foundation that deploys energy-saving solutions at non-profits in underserved communities, and The Klean Energy Kulture Foundation that is helping Black Communities transition to clean energy.
Notable Features of the SDGIF
The SDG Impact Fund is focused on achieving the United Nations’ Sustainable Development Goals, which provide a framework for creating a more sustainable and equitable world. By aligning with these goals, the organization is working towards a common objective with its partners.
They provide a platform for charitable giving to transition into impact investing. This approach can generate both financial returns for investors and social or environmental impact, creating a win-win scenario for both the investor and the community.
The team at the SDG Impact Fund has extensive expertise in impact investing and sustainable development. This expertise enables them to provide support and guidance to their partners and ensure that projects align with the SDGs.
The SDG Impact Fund offers innovative financing solutions, such as the Donor Advised Fund, which enables donors to receive a tax deduction for their contribution while also investing in impactful projects.
The SDG Impact Fund has a flexible approach to financing, which enables them to tailor their solutions to the specific needs of their partners. This ensures that the projects they fund are as impactful as possible.
SDGIF and Carbon Optimum
This partnership helps Carbon Optimum (COC) scale CO2 removal in a significant and circular way. By investing in projects that aim to reduce and sequester carbon emissions, such as Carbon Optimum’s proprietary algae bioreactors, donors can help to create a circular economy that generates returns while also promoting environmental sustainability.
COC’s Kansas facility, when at scale, will be able to remove 84 million tons of CO2 with algae and be the largest direct air capture facility in the world by 17x. Not only can the facility capture CO2 with algae, it can also turn all that algae and captured CO2 into useful commodities ranging from agricultural applications to biofuel. In this way, charitable giving can circularly drive not only climate impact, but also create positive impacts as varied as carbon neutral fuel to feeding the world.