10.5 Philanthropy

Philanthropic dollars for tackling emissions grow to $30 billion per year.

2023
$9-16 billion
in philanthropic dollars toward climate initiatives
Target
$30 billion
in philanthropic dollars toward climate initiatives

How is KR 10.5 Tracking?

Climate action is heavily underfunded. In 2023, global philanthropic giving totaled $885 billion. The portion devoted to the climate crisis totaled between $9 billion and $16 billion, or less than 2 percent.

Our Philanthropic Investing KR boosts funding to $30 billion per year for efforts that rarely generate direct financial returns, such as climate justice or protection of our lands, forests, and oceans.

Insufficient Progress

Less than 2% (between $9 billion and $16 billion) of philanthropic giving is dedicated to climate change mitigation

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