Charitable giving to fight climate change rises 25% to $7.5B

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Charitable giving to fight climate change rises 25% to $7.5B
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Charitable giving to organizations that work to slow climate change have increased in the past year, and many more groups are receiving funds than just a few years ago.

Mountford says that a number of new foundations are donating to climate-related causes, perhaps inspired in part by Bezos but also by the increasingly dire effects of drought, extreme weather, and sea-level rise around the world.

While foundation giving to curb climate change is on the rise, it is also increasing from a very small base. Foundations, particularly those that do not focus directly on the environment, have been slow to give to climate-related causes, says Phil Buchanan, president of the Center for Effective Philanthropy.

Increased giving to climate change over all does not mean that justice-oriented groups are receiving more funding. The overwhelming majority of funding still goes to big green groups, academics, and think tanks, says Bineshi Albert, co-executive director of the Climate Justice Alliance, a coalition of 84 groups. “We need philanthropy to get on board with the visionary, community-led climate solutions and shift more money to the grassroots now,” he says.

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