Articles
Season´s Greetings
Season’s greetings, wishing you a prosperous new year. Sincere thanks for the excellent collaboration over the past year. We are proud of the progress we have achieved together and look forward to continuing to foster innovation in sustainability in the new year.
What is Carbon Offset
Carbon offsetting involves individuals or legal entities compensating for their own greenhouse gas (GHG) emissions by financing projects that a) prevent the emission of the corresponding amount of GHG elsewhere or b) remove the corresponding amount of GHG from the atmosphere.
International Carbon Registry
We are pleased to welcome International Carbon Registry (ICR) as one of our Klappir Partners. International Carbon Registryis a global leader in registration of climate projects relying on ISO standards and assurance. ICR provides a streamlined platform that accelerates the journey of climate projects from design to delivery via marketplace integrations, pioneering in integrating public blockchain technology ensuring transparency and traceability.
ESG Implementation joins Klappir Partner Program
A new partnership between Klappir and ESG Implementation Partners has been established, combining expertise and innovation to redefine sustainability reporting and compliance. This collaboration is set to transform how businesses navigate CSRD requirements, providing tailored solutions that drive real impact.
Understanding the difference between ESG and ESRS reporting
In the brave new world of sustainability, navigating reporting standards can be challenging. Two key frameworks, Environmental, Social, and Governance (ESG) and European Sustainability Reporting Standards (ESRS), often take center stage mainly for EU organizations aiming to enhance their sustainability efforts.
ESG Implementation Partner ApS
We are pleased to welcome ESG Implementation Partner ApS as one of our Klappir Partners. ESG Implementation specializes in ESG advisory, including CSRD/ESRS compliance, carbon accounting, double materiality assessments, and human rights impact evaluations. They guide businesses through the complexities of sustainability reporting and compliance, ensuring the solutions provided are not only effective but also sustainable for the long term.
Klappir Investor meeting, 5th November 2024
Klappir welcomes you to participate in our Investor meeting, which is a live-streamed event where we present Klappir strategic plans and the financial result for the first half of 2024. The presentation is scheduled to take place on Tuesday, November 5th, at 15:00 UTC.
Unify Partners
We are pleased to welcome Unify Partners as one of our Klappir Partners. Unify Partners specialize in Digital Transformation, Supply Chain Excellence, Analytics & AI, and Delivery & Change to solve some of the toughest problems for their clients, ensuring that the solutions provided are not only effective but also sustainable for the long term.
What is the difference between Sustainability and ESG
There is often confusion surrounding the distinction between ESG and Sustainability, with these terms frequently being used interchangeably.
A Growing Focus on Sustainability in China
China’s commitment to sustainability and responsible business practices has also seen significant growth, driven by both government initiatives and market forces. In this article, Klappir will give a brief overview of the evolving landscape of ESG compliance in China and its implications for businesses and investors.
JWA
We are pleased to welcome JWA as one of our Klappir Partners. JWA is a premier consulting firm specializing in sustainability, energy efficiency, building emissions, and ESG strategies for the real estate sector. With headquarters in Poland for Europe and in Mexico for Latin America, JWA assists clients in scaling their businesses consciously and responsibly across these regions.
From a Royal Retreat to Greener focus: Kurhotel Skodsborg ESRS journey
Kurhotel Skodsborg is a luxury spa hotel in a historic building, formerly the King of Denmark's 19th century seaside holiday home. Faced with challenges due to the historical nature of the buildings and fragmented data from smaller suppliers it enlisted the help of Klappir to tackle the sustainability issues at hand.
Qinshift
We are pleased to welcome Qinshift as one of our Klappir Partners. Qinshift is a global tech consultancy house, specializing in designing and building digital solutions. With a strong European legacy built on seven companies and over 30 years of experience, and employ 6,400+ talents across four continents and 20 countries.
New Waste Interface and Insights
We’re happy to present a release of our Waste Migration and New Insights project, focused on migrating waste data to the activity data infrastructure within Klappir.
EcoTree
We are pleased to welcome EcoTree as one of our Klappir Partners. EcoTree is a European leader in Nature-based Solutions and certified B Corp, enabling its clients to engage in nature conservation by developing fully integrated projects for protecting, sustainable management, and restorations of European ecosystems.
We are hiring
Are you passionate about sustainability and technology and want to make an impact by bringing sustainability into the digital future? We are looking for sustainability platform specialists in our Customer success team in Iceland and Denmark.
Hermans Danmark
We are pleased to welcome Hermans Danmark as one of our Klappir Partners. Hermans Danmark is a is a cleaning and facility management company, based in Copenhagen. Offering tailormade facility solutions to companies and aspire to lead the industry in an environmentally conscious and responsible direction in terms of data reporting.
Accelerating biodiversity action with companies
Join us on the World Environment Day to hear key learnings from Nefco’s Biodiversity Pilot Programme. In collaboration with companies, the two-year pilot programme has created best practices and methods for taking concrete action with tangible outcomes for both climate and biodiversity.
Combine
We are pleased to welcome Combine as one of our Klappir Partners. Combine is a data consultancy who help companies master their sustainability data.
What is CSRD - Corporate Sustainability Reporting Directive
The Corporate Sustainability Reporting Directive (CSRD) is a regulatory framework established by the European Union. Its primary purpose is to ensure that companies provide transparent, consistent, and comparable information about their sustainability activities and impacts.
Better Green
We are pleased to welcome Better Green as one of our Klappir Partners. Better Green is a consultancy that helps companies prepare climate accounts, carry out life cycle assessments and and make the complexity in eg ESG/CSRD (Corporate Sustainability Reporting Directive) and EUDR (European Deforestation Regulation) understandable and manageable.
Silentia's Green Mission: Leading the Charge in Hospital Sustainability
Since 1990, Silentia has been the leader in patient privacy, developing innovative solutions that reduce waste and energy consumption, contributing to a cleaner environment. Today, Silentia is trusted by hospitals in over 50 countries and proudly delivers products that are proven to last.
GrowGrounds
We are pleased to welcome GrowGrounds as one of our Klappir Partners. GrowGrounds, an impact company and ESG consultancy based in Denmark, brings 50 years of experience and coffee industry specific network.
What is the advantage of activity-based data
The Greenhouse Gas Protocol suggests two primary data methods for calculating emissions, those are called activity-based data and spend-based data. The choice of which data method to use depends on the purpose of the data collection (e.g. Estimations vs. Compliance), the type of data (e.g. Fuel, transport or purchases of goods) or the availability of data (e.g. from suppliers, internal systems, or databases).
2030 Builders
We are pleased to welcome 2030 Builders as one of our Klappir Partners. 2030 Builders, focusing on connecting sustainability education and employee engagement to drive business transformation. Based in Denmark, 2030 Builders brings years of work in social responsibility to our collaborative network.
New Fuel Interface Released
We’re very proud to announce the release of a new and updated Fuel interface on our Platform. The release contains a mixture of new and updated features that are aimed at giving you more insights into your data in a cleaner, simpler manner, leading to deeper understanding and a better overall experience.
Gott og gilt
We are pleased to welcome Gott og Gilt as one of our Klappir Partners. Gott og Gilt, a premier sustainability business consultancy based in Iceland, brings years of work in social responsibility to our collaborative network.
Annual shareholder's meeting 14. May 2024
The board of Klappir announces the Annual Shareholder's Meeting of the company which will be held 14th April 2024 at 15:00, at Café Atlanta, Hlidasmari 3, 201 Kopavogur, Iceland.
New SEC Climate Disclosure Rule
The Securities and Exchange Commission, the United States federal agency that monitors and enforces rules relating to securities, has passed a new climate disclosure rule.
New Premium Features: Food and Packaging Materials
We're happy to announce the latest release of new premium features to our Sustainability Platform, food purchases and packaging materials import.
How Klappir assisted Advania in achieving Science-Based Emission Targets
Advania is “The tech company with people at heart”, operating across Sweden, Norway, UK, Iceland, Finland and Denmark. With over 5,000 talents, Advania offers managed services, hardware and software, and professional services to clients in both private and public sectors. Advania’s primary goal isn't just about technology; it's about empowering people to create sustainable value.
Navigating CSRD & ESRS Compliance - eBook
In coming years more businesses will be required to report and disclose their ESG responsibilities and associated data. To get ready the initial step is to understand the compliance criteria in Europe and how they may impact your company.
What is ISAE-3000 Revised 3rd Party Attestation
If you’ve been with us for a while, you probably know that data integrity, accuracy and completeness are vital to what we do at Klappir. You may have also gotten word that we recently completed a third party attestation of our system description controls according to the ISAE-3000 (revised) standard. If you don’t know what that means, don’t worry, this short article is for you.
VECTRA International
We are excited to welcome VECTRA International, a Belgian responsible business consultancy with 19 years of experience, as a Klappir Partner.
Klappir completes ISAE 3000 type 2 reasonable assurance of system description controls
Klappir is proud to announce that it has completed its ISAE 3000 (Revised) Type 2 attestation process with Deloitte. This important milestone follows Klappir’s Type 1 attestation and system description report published in 2023 which described Klappir’s controls in the design, development and use of Klappir’s Sustainability Platform to promote data accuracy and integrity.
BASICO P/S
We are pleased to welcome Basico P/S as one of our Klappir Partners. Founded in 2003, Basico has established itself as a key player in business and management consultancy, offering a range of services tailored to support corporate functions. Their expertise spans CFO Services with an emphasis on ESG reporting, as well as Legal Services, Finance IT, and HR & Payroll solutions.
Klappir and BravoEarth join forces developing Klappir IRO
Klappir and BravoEarth have been working hard in recent months to bring to map out new EU sustainability reporting requirements and adapt their solutions to them. With Klappir IRO, a new addition to the Klappir's Sustainability Platform, users will be better able to manage policies, processes, and planning in accordance with new legal requirements.
Magnetize
Magnetize, established in 2019, is a pioneering communications firm specializing in transforming sustainability into a competitive edge for B2B companies.
Klappir takes to the global stage with Nefco funding
Transparent sustainability reporting is paramount to help companies adopt greener practices. As obligations to report sustainability data increase, so does the need for efficient management and reporting tools. Klappir’s sustainability management software revolutionises how sustainability reporting works.
Klappir nominated for the 2023 UT (IT) Company Award
We are proud to announce that Klappir has been nominated as UT (IT) Company of the year 2023 at the 2024 SKÝ UT Awards. We’re grateful for this recognition that highlights our commitment to using information technology to drive corporate sustainability and environmental responsibility.
CoolPlanet
Klappir is excited to announce a strategic partnership with CoolPlanet, a renowned leader in decarbonisation strategies.
Hulda Thorhallsdottir joins the Sustainability Team at Klappir
We are delighted to welcome Hulda to our team as the Customer Success Leader. Her impressive track record at Deloitte speaks volumes and makes her a valuable addition to our Customer Success team.
Understanding the Greenhouse Gas Protocol and Scopes 1, 2 and 3
In today's environmentally conscious world, understanding the Greenhouse Gas Protocol scopes is crucial for any organization committed to sustainability.
gryn
Gryn offers an advanced carbon reporting platform, focusing on automation of Scope 3 Carbon Reporting within the logistics sector. Its user-friendly interface and AI-driven insights simplify emissions management, ensuring compliance and accurate reporting. By Partnering with Klappir, gryn extends its product offering, further aiding businesses in their sustainability journey.
Understanding biodiversity data - a new frontier in sustainability reporting
As a civilization, we are becoming increasingly aware of the negative impacts that various industries can have on biodiversity and ecosystems worldwide. Thankfully, we are also becoming increasingly aware of what can be done, and what needs to be done to reverse those trends.
Past event: Webinar 4 - Dive into data takeaways
Recording available. Dive into Data Takeaways, focusing on the pivotal role of data in the evolving landscape of sustainability reporting, particularly in light of recent regulatory changes (CSRD/ESRS).
Past event: Webinar 3 - Dive into Due Diligence
Learn the ins and outs of conducting due diligence and creating effective surveys. Get a glimpse of the survey tool within the software and discover tips for crafting the right questions.
Past event: Webinar 2 - Dive into Double Materiality (IRO)
Delve into the multi-step process of double materiality, understand the task at hand, and learn how to get started. Get insights into IRO management systems.
Norion Consult
Embark on a collaborative journey with NORION Consult, founded by CEO Bjørn Bauer in 1990, initially specializing in environmental consultancy and now leading the way in comprehensive sustainability solutions.
Dizparc
We are thrilled to welcome Dizparc as a valuable member of our Partner Program. Our partnership with Dizparc offers you a unique opportunity to explore the world of digital solutions like never before. Countries served: Sweden, Poland, Norway.
Past event: Webinar Series on ESRS: Your concrete guide to ESRS, less theory, more action
Welcome to our exclusive webinar series dedicated to ESRS, designed to empower professionals like you with actionable insights and practical takeaways. At these sessions, we're all about cutting through the theory and diving into the real-world application of ESRS.
What is Double Materiality
In the ever-evolving landscape of corporate sustainability, the concept of materiality is becoming increasingly crucial. Materiality in sustainability reporting is all about determining which environmental, social, and governance (ESG) factors matter most to an organization and its stakeholders.
BITEQ
BITEQ is a respected partner within our program, specializing in data solutions. Committed to delivering high-quality services, BITEQ distinguishes itself as a reliable business partner with a strong emphasis on trust-based customer relationships. Countries served: Denmark, Sweden.
What is a Sustainability Platform
The Sustainability Platform is a cloud-based sustainability software solution designed and developed by Klappir to help organizations manage, measure, and improve their sustainability efforts. The Sustainability Platform is used to collect, track and analyze various aspects of environmental, social, and economic performance, with the goal of reducing negative impacts on the planet and society.
What is SFDR
Dive into the Sustainable Finance Disclosure Regulation, its significance in the financial sector and investors. How does SFDR provide clearer insights into ESG.
Klappir and Festa Networking Meeting
Klappir welcomes member companies of Festa to the company's networking meeting on the 18th September 2023, at 08:30-10:00
What is the NFRD
European Union Directive 2014/95/EU, the Non-Financial Reporting Directive (“NFRD”), is a legislative directive that has legally required certain large, listed companies in Europe to disclose sustainability related information in their annual reports.
Navigating Compliance in Sustainability
The corporate responsibility environment is rapidly changing as new rules and guidelines are established. It is crucial for companies to comprehend these regulations and their implications as EU continues to place a high priority on sustainability.
Demystifying Materiality in Sustainability Reporting
Double materiality refers to the dual consideration of how environmental, social, and governance (ESG) factors impact a company's financial performance and how a company's activities influence these ESG factors in the broader world.
From data quality to value chain optimization: Klappir's sustainability software leads the way
For more than a decade Klappir has worked systematically to build a solid infrastructure that supports a digital ecosystem of users that support each other through the free flow of sustainability data, which will be a source of information on sustainability issues in the present and future.
What are the ESRS-standards
Central to the CSRD's mission is the implementation of the European Sustainability Reporting Standards (ESRS). The standards elevate sustainability reporting to the same level of significance as financial reporting.
The CSRD and Supply Chain Governance
Recent developments in EU regulations relating to ESG have put an increased emphasis on companies understanding and disclosing information on their supply chains and value chains.
Klappir helps society push towards sustainability
Emphasis on sustainability in business operations is growing, and the legal environment is developing continuously, requiring more detailed and coordinated disclosure of corporate information relating to environmental issues and other non-financial aspects.
Annual shareholder's meeting 27. April 2023
The board of Klappir announces the Annual Shareholder's Meeting of the company which will be held 27th April 2023 at 15:00, at Café Atlanta, Hlíðasmári 3, 201 Kópavogur, Iceland.
Data Accuracy and Completeness in ESG Reporting.
The world of sustainability reporting is quickly maturing and the EU is leading the way. European lawmakers have realized that in order for the EU to reach carbon neutrality by 2050, the key players in the business world will all need to do their part.
CSRD and ESRS on the horizon
A new European legislative directive and accompanying reporting standards will obligate 49.000 companies to report in detail on their sustainability. Will you be ready?
Can it really be simple to collect and work with ESG data?
Data and selfless cooperation are the way forward in the green transition. The Icelandic company Klappir has shown that in its home country since 2013, and now they have brought their platform to Denmark. The platform supports companies and institutions with ESG data for their climate accounting and sustainability reporting.
View the webinar: How to strategize carbon accounting and removal
On 4 November, we hosted our first Webinar with Klimate on the topic of carbon accounting and carbon removal. With this webinar, we wanted to give you the chance to explore the decarbonization journey from carbon accounting to carbon removal and break down the steps you need to take to utilize these processes in your organization.
Past event: ESG statements
What is the best way to prepare and finalize sustainability statements? On 29. November, 2022 Dr. Jon Agust Thorsteinsson and Kristinn Audunsson hosted a webinar on making sustainability statements.
Past event: ESG statements (IS)
What is the best way to prepare and finalize sustainability statements? Monday, November 21, 2022 Dr. Jón Ágúst Þorsteinsson and Kristinn Auðunsson hosted a webinar on making sustainability statements. The presentation was online and is available here.
Scopes in the Greenhouse Gas Protocol and how do you tackle Scope 3 emissions
The European Union has increasingly put emphasis on sustainability, and simultaneously developed new directives and regulations in order to unite reporting on emissions. The European Union strives to align regulations to ensure comprehensive and comparable reports, taking into account not only the companies own emissions but also those of their respective value chains.
Past event: Online shareholder meeting of Klappir Green Solutions
The Board of Directors of Klappir Green Solutions shareholder meeting, will be held online Friday, November 18, 2022. The meeting will start at 15:00 UTC.
Past event: How to strategize carbon accounting and removal
The purpose of the webinar is to inspire companies to get started on carbon accounting and removal and give them some tools on how to strategically go about it. A short guide on the journey from calculations to offsetting. The aim is to give company’s something hands-on to take back and work on.
Tinna Hallgrimsdottir joins the Sustainability Specialist team at Klappir
We are pleased to announce that Tinna Hallgrímsdóttir will join Klappir as a sustainability specialist. Tinna has been working in the sustainability and environmental sector for a while. She is the president of Young Environmentalists in Iceland, one of the organizers of Fridays for Future Iceland. Furthermore, she was appointed by the Minister of Environment, Energy and Climate to join the Icelandic Climate Council.
Meet our DK sustainability team at the TechBBQ in Copenhagen
Are you interested in data-driven sustainability solutions? Our dedicated Klappir Nordic team is at the TechBBQ, were they would love to meet you.
Klappir is expanding to new markets with financing from Nefco
Nefco, the Nordic Green Bank, has signed a convertible loan agreement with Klappir. Currently, Klappir’s software has already more than 6,000 users in Iceland and Denmark. Financing from Nefco will be used to scale up operations in Europe and North America.
Sjóvá, in harmony with society and the environment
Sustainability is an issue that is viewed across the ESG spectrum at Sjóvá. Climate change and natural disasters, for example, may well have a direct impact on operations. Being an insurer, Sjóvá assesses risks on a day-to-day basis. Climate risk assessments are carried out to better understand the risks caused by climate change and the impact of events such as wildfires, landslides, and floods. The aim is to mitigate the risk and enhance loss prevention.
Klappir arrange green financing from Nordic Environment Finance Corporation
Klappir has, on the basis of its Green Financing Framework, concluded a Term Sheet with NEFCO (Nordic Environment Finance Corporation) on the main terms for a green loan, intended to support Klappir‘s international scale-up plans.
Reykjanesbaer increased emphasis on environmental and climate issues
The municipality Reykjanesbaer was formed by the merger of the municipalities of Keflavík, Njarðvík and Hafnir on 11 June 1994. The municipality is located on the western side of the Reykjanes peninsula. It is the fourth largest municipality in the country with a population approx. 20,380 inhabitants. At the end of 2019, the Reykjanesbær City Council approved a comprehensive ESG policy for the municipality, setting tone for the municipality's sustainability journey for the next 10 years.
Why organizations should evaluate their value chain
Organizations can monitor their value chain by sending out sustainability assessments. In this way, they also exercise the power they have in a good way and can subsequently choose from their value chain the companies that are most desirable for their operations when it comes to ESG aspects.
Kopavogur, data driven approach to sustainability
The municipality of Kópavogur places great emphasis on environmental issues and sustainable development is taken into account in decision-making, construction, operation, procurement and other activities on behalf of the town.
Klappir HQ, new location in Iceland
Klappir Green Solutions HQ has moved from Armuli 6, Reykjavik to Hlidasmari 3, Kopavogur.
New board members join Klappir
At the Annual General Meeting on Wednesday, 27 April 2022, two new directors joined the board: Gunnar Sigurdsson (Rapyd) and Vilborg Einarsdóttir (Bravo Earth). Jon Bjornsson (Origo) and Stefan Eyjolfsson (Air Atlanta) left the board.
Now is the time to start thinking about CSRD
CSRD is an EU directive which will replace and build on the NFRD in order to encourage more companies to disclose detailed and extended sustainability reports.
Online Annual shareholder's meeting 27. April 2022
The board of Klappir announces the Annual Shareholder's Meeting of the company which will be held online on Wednesday 27 April 2022 at 16:00
Íslandsbanki a catalyst for positive social action
Íslandsbanki is a leader in financial services in Iceland. Type of products and services include savings, lending, payment services and investment banking services. The bank has an asset management focused subsidiary. The Bank lends to companies and individuals with a 25- 40% market share across all domestic business segments.
Transparency is the key to sustainability
Since 2013, Klappir has worked with companies, municipalities and institutions to achieve success in sustainability, and in 2017, Klappir was listed on Nasdaq First North. Today, the company has more than 300 shareholders. These shareholders are entrepreneurs, families, institutional investors and individuals; parties who want to contribute to a sustainable future.
ÞG Verk a sustainability focused construction company
ÞG Verk is a comprehensive construction company that has accumulated extensive work knowledge for 20 years by building all types of structures, e.g., power plants, schools, bridges, offices and apartments and factory buildings.
Heiða Lára joins Klappir as HR-manager
Heiða Lára Heiðarsdóttir has been hired as human resources manager at Klappir. She previously worked as HR Manager at Benchmark Genetics and before that she was HR Manager at Marorka.
Eimskip: A North-Atlantic Transporting Company Sails Into Digitized Sustainability
Eimskip currently uses the sustainability tool to create quarterly environmental statements and yearly Sustainability Statements. With the automatic collection of activity data, data origin can be traced back to the supplier.
2021 was a great year for Klappir. Key numbers and financial statement.
The year 2021 went very well in all areas - the number of users increased by 50% during the year, which is an excellent result, and operations have all become very efficient. Our most important tasks will continue to be to increase the number of users rapidly, strengthen the company’s infrastructure and secure capital for growth.
What does ESG stand for
Environmental, Social, and Governance (ESG) refers to the three core pillars used to evaluate a company’s sustainability performance and societal impact. It provides a structured approach for organizations to measure and report on how their operations align with sustainable and ethical practices.
Húsasmiðjan, constant improvement for the environment
Húsasmiðjan is the leading hardware and home improvement chain in Iceland and a leading supplier for the construction industry. It was founded in 1956, making it the oldest operating hardware store in Iceland.
Klappir Nordic established - office opened in Copenhagen
Klappir has opened an office in Copenhagen with the name Klappir Nordic. Two employees have been hired at Klappir Nordic’s office, which is in a well-appointed building close to Islandsbrygge in Copenhagen.
Arion Bank, in harmony with the environment
Arion Bank has adopted an environment and climate policy and has in recent years made green financial services, such as green car loans, deposits and mortgages, available to its customers. In the year 2021 the Bank issued its first comprehensive green financing framework. Arion Bank is a financially robust bank which places great importance on operating responsibly in harmony with society and the environment.
Climate Assembly for Schools in Reykjavik
The Greenscreen project (Green Penguin) was presented at the Youth Climate Assembly, as a part of raising awareness on climate issues in Reykjavík primary Schools. The Youth Climate Assembly took place in Reykjavík City Hall, Tjarnarsalur on Friday 25.02.2022 from 09:00-13:00.
Klappir supports companies on the journey to sustainability
Klappir was initially founded to design digital solutions for environmental issues for ocean-related industries. The company’s vision was to utilize large quantities of data which was being collected on paper and to digitize statutory registration processes. Data collection soon began to expand, and it now covers nearly all issues regarding environmental measurements in the operations of companies and institutions.
Hagar, a leading retailer in the Icelandic market
Hagar is a leading retailer in the Icelandic market and operates 38 stores within 2 grocery retail chains as well as 2 warehouses. Furthermore, Hagar operates through Olís 26 gas stations throughout the country, as well as 43 ÓB stations
Top five sustainability trends 2022
Sustainability is unquestionably one of the most important issues of our time. Pressure from stakeholders is almost tangible as the demand to become more sustainable rises. Organizations and institutions of all kinds must address sustainability if they are to survive and thrive.
Kvika and Klappir establish a fund towards carbon neutrality
Banking firm Kvika, Kvika Asset Management and Klappir Green Solutions have signed a letter of intent for the establishment of a fund with the aim of accelerating Iceland's carbon neutrality.