How is KR 10.5 Tracking?
Climate action is wildly underfunded. In 2020, philanthropic giving totaled $750 billion in the U.S. The portion devoted to the climate crisis was less than 2 percent.
The Philanthropic Investing key result triples funding for environmental efforts that don’t normally generate direct financial returns, such as climate justice or the protection of our lands, forests, and oceans.
Nonprofits working in these areas need far more support from foundations that control nearly $1.5 trillion in annual contributions globally—including $890 billion donated in the United States alone.
Data for KR 10.5 is sourced from the ClimateWorks Funding Trends report, which updates annually.