On the philanthropy circuit, supporting the climate and adjacencies is at the bottom of the giving list. Of the $64 billion in US grant money disbursed in 2020, just 0.5 percent or $320 million was allocated directly to climate change. To move the needle toward net-zero emissions by 2050, trillions of dollars of additional capital spending are needed.

Compared with other major categories, climate and adjacent environmental areas receive a low proportion of grant funding.

To read the article, see “It’s time for philanthropy to step up the fight against climate change,” October 20, 2021.