Frequently asked questions & our answers
How do you know that ClimatePoint actually leads to emissions cuts?
If we had known that the companies and technologies we invest in would be successful, we would have an easy job. However, what we do know is that without investments in new technology and emission-free forms of energy, we have no opportunity to achieve the 2-degree target. ClimatePoint therefore contributes to investments with high potential for large emission cuts in the future.
The basis of our methodology is return of carbon. When you invest in a fond today your main focus might be on the return of investments, but with our methodology you’ll know the sum of avoided emissions your investments have contributed to, in other words the ROC (Return on Carbon).
Starting in September 2021 we are testing the methodology on portfolio companies in collaboration with Leiden University. Together we are attempting to put a number on the return of carbon. All data will be made available in full transparency through the Terravera Foundation.
Can you risk ClimatePoint taking money away from carbon offset projects?
No, we need both a well-functioning quota market and an increased investment rate. For many, compensation through offsets are the only alternative the company has, and they must contribute to emission cuts outside their own activities. We want to strengthen your company's toolbox to mitigate your emissions. Investment should come as as part of your mitigation strategy, then as last resort, you can evaluate buying credits in verified offset projects to achieve your company's climate impact potential.
Is the purchase of ClimatePoints greenwashing?
The short answer is no. At ClimatePoint, we don't control the marketing of our customers, but we expect them to relate to the greenwashing poster.
Climate compensation alone will not be enough for a business to be competitive in 2030, so ClimatePoints will never be an alternative to taking necessary measures in their own business. Nevertheless, it is interesting to note that it is the companies that compensate the most, which are at the forefront of measures in their own operations. From Microsoft and Amazon, to smaller Norwegian companies such as Fjordkraft and Stormberg.
Is it okay to make money from compensation?
At ClimatePoint, we believe that the green transition will not be possible to implement unless it is profitable. The bill for carrying out the restructuring is formidable, and it represents the greatest investment opportunity in human history.
Today, companies have very few opportunities to influence climate measures outside of their own operations – through ClimatePoint they can get both ownership, returns and the technology needed to succeed.
Where does ClimatePoint invest geographically?
We are absolutely dependent on a massive transfer of capital to developing countries, to ensure that future growth does not happen with fossil energy. At the same time, we also depend on the success of new technology in our markets, so that these can later be exported. If Norwegian companies are to create value in 2030, we must finance good solutions that will allow us to cut where it is most difficult to cut. However, with prospecting partners, we are looking at building a vertical designed to scale-up renewable solutions in developing and growing economies.
Shall the company invest in both listed and unlisted growth companies?
ClimatePoint has a broad mandate for investments in green restructuring, but we believe that we make the biggest difference by investing in unlisted companies that need capital. Small and medium-sized businesses should have access to a market that is currently reserved for professionals.
ClimatePoint has engaged the world's leading climate managers to find the best investments. If the fund needs to invest funds in the listed market for shorter periods, this will also be possible. The most important thing is that every penny should contribute as much as possible to climate.
What are the criterias for your investments?
ClimatePoint will invest in companies that contribute to the ability to cut emissions, where today it does not work. Often it is about new technology in sectors that today do not have good solutions: Shipping, agriculture, textiles and transport are industries that are now far away from zero emissions. These must succeed - should we achieve the climate goals.
ClimatePoint will therefore focus on companies working for green restructuring, with services and products emitting less CO2 than today. Based on five of the UN Sustainable Development Goals and criticisms from leading third-party climate verification providers, ClimatePoint selects the funds and companies that are most relevant to success. What serves the climate will also be what serves investors.
Can those who compensate climate change through ClimatePoint set guidelines on what the money should go to?
No, customers will not be able to influence the investments made. At the same time, ClimatePoint's partners are open to input on new companies, and new technology is under development.
Whom manages the fund on a daily basis?
ClimatePoint currently has various options for managing the fund. When recapitalizing the minimum capital, choices about the final structure and layout will be made.
Why don't I just invest on my own?
At ClimatePoint, we cheer everyone who contributes to a better climate, and capital is one of the most important instruments. Listed funds are safer investments, where you as a green investor have a higher degree of liquidity. Nevertheless, we know that the solutions to the climate crisis lie in new and innovative technology, and then capital is needed to support new companies before they have made it on the stock exchange. That's the difference ClimatePoint makes.
What is ClimatePoint?
ClimatePoint is a new tool to mitigate your company's carbon emissions. We contribute to investments with a high potential for large emission cuts in the future. We are helping to close an investment gap that must be closed if we are to achieve the objectives. We believe that it is more important to be climate neutral in your own business sector in a few years than climate neutral today.