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Funding Climate Action : Pathways for Philanthropy

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  • Last Updated September 27, 2023

Funding Climate Action : Pathways for Philanthropy

Climate change represents a critical challenge to humanity.

While there are still some that contest this fact, most of the world accepts that we must act now to reduce the
worst impacts of climate change on society.

While climate-focused philanthropy has increased significantly in recent years, it is still insufficient relative to the
size and urgency of the challenge. Less than two percent of global philanthropy is focused on climate-related giving.
In a recent survey, 85 percent of all U.S. foundation funders stated that climate change was a top three issue, but only about a third reported they were “open to considering funding efforts” to address climate change.

The goal of this report is to inspire more philanthropists to act.The report provides tools, case studies, and encouragement to help existing and potential climate philanthropists overcome barriers to action.

The report begins by reviewing the full scope of tools available toclimate funders, including donations, investments, grantee engagement, and external advocacy. We then offer a taxonomy of climate funders that is based, among other things, on how these tools can be used. The report describes five different climate funder archetypes that are complemented by profiles of actual philanthropic organizations and leaders.

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