Lundin Foundation is supporting Lundin Energy in investing in the transition to a low carbon economy. As a key part of Lundin Energy’s decarbonization strategy and commitment to carbon neutrality by 2025, the Foundation’s mandate is to support high potential, early-stage businesses that advance zero and low carbon innovations at scale. The Foundation receives an annual financial contribution from Lundin Energy to make impact investments into such businesses and to provide funding and strategic guidance to accelerator programmes that encourage the growth of sustainable innovations.
Lundin Foundation is an experienced impact investor with over 10 years track record of investing in the renewable energy sector. The Foundation has supported programmes and start-up businesses all over the world with funds totalling NOK 600 million. Lundin Foundation is proud to support the next generation of climate tech start-ups through the Climate Accelerator Program.