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Climate Positive Tracker

Score your climate impact readiness, build a Theory of Change, and understand the MRV evidence investors expect.

Why this matters: Pre-seed and seed climate startups are increasingly required to meet impact measurement milestones — not just by grant funders, but by debt providers. Post-Series A companies have dedicated E&M (Environmental & Measurement) managers. Early-stage startups don't — and this is one of the primary reasons they fail to access debt finance or attract large grant funds. The Climate Positive Tracker gives you a pre-read of your climate impact score before you sit across from an investor.

"Climate performance is a predictor of financial performance." — World Fund, 2025

Climate Impact Score Calculator

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Metrics
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Theory of Change

What sector does your startup operate in?

What investors and debt providers expect

Equity Investors
VC / Impact Capital
  • Proof that the technology addresses a significant emissions reduction opportunity
  • Top-down technology-level analysis (not just startup-level projections)
  • GHG drawdown potential: how many tonnes CO₂e avoided annually at scale?
  • A 'do-no-harm' assessment across secondary impact dimensions
Source: World Fund methodology
Debt Providers
Venture Debt / DFI
  • Monthly impact KPI reporting (not quarterly)
  • Defined milestones: e.g. 'X tonnes CO₂ avoided by month 18'
  • Third-party verification pathway (Gold Standard, Verra, etc.)
  • Impact covenant clauses in term sheets
  • Theory of Change documentation
Source: Thomas Hart, FSAT Labs / Terra Foundry

Measurement frameworks

GHG Protocol

The global standard for corporate greenhouse gas accounting. Free SME guide available.

Best for: All climate startups
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IRIS+

Impact Reporting and Investment Standards. Used by 10,000+ impact investors. Free access.

Best for: Startups raising from impact investors
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CRANE Tool

Purpose-built for climate tech investors to assess technology-level emissions reduction potential.

Best for: Pre-seed and seed startups
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Project Frame

Coalition of climate tech investors working toward shared impact KPI standards.

Best for: VC-backed climate startups
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Gold Standard / Verra

Leading carbon credit and impact verification registries.

Best for: Startups exploring carbon revenue or credits
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Theory of Change Builder

Ask the TerraBridge AI
Help me understand what impact KPIs I should be tracking for my stage