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class="site">  <header class="site-header"> <div class="site-header__container container"> <div class="site-header__extend-right"> <div class="menu-toggle-holder"> <button class="nav-toggle-mobile"> <div class="toggle-graphic"> <span></span> <span></span> </div> </button> </div> <div class="site-header__logo"> <a href="https://www.climateworks.org/" class="custom-logo-link" rel="home"><img width="1380" height="322" src="https://www.climateworks.org/wp-content/uploads/2023/04/cw-logo-white-bg.svg" class="custom-logo" alt="ClimateWorks Foundation" decoding="async" fetchpriority="high" /></a> </div> <div class="site-header__navigation"> <nav class="primary-nav"> <ul id="menu-primary-navigation" class="menu new-menu-primary"><li class="menu-item"><a href="#" class="download-anchor-link hide-mobile header-anchor"><h4>Download Report</h4></a></li></ul> </nav> <nav class="secondary-nav">  </nav> </div> </div> </div> </header> <main id="primary" class="site-main"> <div class="page-content"> <div class="mobile-footer hide-desktop"> <a href="#" class="download-anchor-link"><h4 class="mbn">Download Report</h4></a> </div> <div class="report-header" style="position: relative;"> <div class="container first-container" style="position: unset;"> <div class="grid grid-cols-12" style="position: unset;"> <div class="col-span-12 lg:col-span-4" style="position: unset;"> <div class="report-image-header"> <img width="1024" height="1024" src="https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023-1024x1024.png" class="attachment-large size-large" alt="Funding trends hero image" decoding="async" srcset="https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023-1024x1024.png 1024w, https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023-300x300.png 300w, https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023-150x150.png 150w, https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023-768x768.png 768w, https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023-1536x1536.png 1536w, https://www.climateworks.org/wp-content/uploads/2023/10/Landing-page-hero_Funding-trends-2023.png 2000w" sizes="(max-width: 1024px) 100vw, 1024px" /> </div> </div> </div> <div class="grid grid-cols-12"> <div class="col-span-12 lg:col-start-7 lg:col-end-13 ptxl lg:ptm" style="background-color: #F8F9F7;"> <h2 style="color:#47966E;font-weight:500;" class="hidden lg:block mbs">Funding trends 2023: Climate change mitigation philanthropy</h2> <h1 style="color:#47966E;" class="block lg:hidden mbs">Funding trends 2023: Climate change mitigation philanthropy</h1> <div class="has-type-l-font-size mtxxs pbxs">Last year, philanthropic funding to climate change mitigation experienced a slowdown in growth — even as climate impacts continued to intensify.</div> <a href="#" class="download-anchor-link mts"><h4>Download Report</h4></a> <div class="resource-blurb mtl"> <div class="tag-holder mbxs"> <div class="tags tag-wrap"> <span class="tag term">Report</span> <span class="term topic-global" data-topic="global" style="background-color:var(--cwf-resource-global, #A8D166)">Global Intelligence</span> </div> </div> </div> <div class="authors-area"> By <a href="https://www.climateworks.org/?post_type=people&p=23721" class="author-link">Helene Desanlis</a>, <a href="https://www.climateworks.org/people/narine-esmaeili/" class="author-link">Narine Esmaeili</a>, <a href="https://www.climateworks.org/people/karolina-janik/" class="author-link">Karolina Janik</a>, <a href="https://www.climateworks.org/people/tim-lau/" class="author-link">Tim Lau</a>, <a href="https://www.climateworks.org/people/megan-turnlund/" class="author-link">Megan Turnlund</a> </div> </div> </div> </div> </div> <section class="resource-main"> <div class="featured-report-module" style="background: #F8F9F7"> <div class="md:pvxl pvxxl"> <div class="container"> <div class="grid grid-cols-12"> <div class="col-span-12 md-col-span-10 md:col-end-11"> <p class="has-type-xl-font-size line-xl man" style="color:#302A2C;">Our fourth annual report on funding trends in climate change mitigation philanthropy covers eight years of funding data from 2015 to 2022.</p> </div> <div class="col-span-12 md-col-span-10 md:col-end-11"> <div class="has-type-l-font-size mbl mts md:mbn md:mtxs two-column"><p><span style="font-weight: 400;">In 2022, the amount of philanthropic funding for climate change mitigation remained essentially unchanged from the previous year — a slowdown from the consistent growth we saw in </span><a href="https://www.climateworks.org/report/funding-trends-climate-change-mitigation-philanthropy/"><span style="font-weight: 400;">2019</span></a><span style="font-weight: 400;">, </span><a href="https://www.climateworks.org/report/funding-trends-2021-climate-change-mitigation-philanthropy/"><span style="font-weight: 400;">2020</span></a><span style="font-weight: 400;">, and </span><a href="https://www.climateworks.org/report/funding-trends-2022/"><span style="font-weight: 400;">2021</span></a><span style="font-weight: 400;">. Climate giving showed some resilience in 2022 despite challenging global economic conditions, but ultimately fell short of the scale needed to address the crisis. In this decisive moment for the planet, philanthropy must rapidly raise its ambition for advancing transformative climate solutions — in partnership with a wider range of communities, movements, and organizations — and move more funds faster to the places that need them most.</span></p> </div> </div> </div> </div> </div> </div><div class="featured-report-module" style="background: #ffffff"> <div class="md:pvxl pvxxl"> <div class="container"> <div class="grid grid-cols-12"> <div class="col-span-12 md-col-span-10 md:col-end-11"> <p class="has-type-xl-font-size line-xl man" style="color:#302A2C;">Watch to learn more about the key findings of the report</p> </div> <div class="col-span-12 md-col-span-10 md:col-end-11"> <div class="has-type-l-font-size mbl mts md:mbn md:mtxs "><p><iframe width="560" height="315" src="https://www.youtube.com/embed/tkUJZ848EIc?si=NC3RiPxW04GQ4-FE" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> </div> </div> </div> </div> </div> </div><div class="featured-list-module" style="background: #F8F9F7"> <div class="md-pvxl pvxxl"> <div class="container"> <div class="grid grid-cols-12"> <div class="col-span-12 md:col-span-4"> <h2 class="mbs">Five spotlights from this year’s report:</h2> </div> <div class="col-span-12 md:col-span-7 md:col-end-13"> <div class="grid"> <div class="col-span-12 md:col-span-6 mbm statistic-col"> <div class="statistic-block"> <div class="statistic-header"> <h2>Africa</h2> <div class="has-type-xxl-font-size line-xxl mbxs hide-mobile"></div> <div class="has-type-xl-font-size line-xl mbxxs hide-desktop"></div> </div> <div class="statistic-content mtxs has-type-l-font-size line-l"> Between 2018 and 2022, foundation funding to mitigate climate change in Africa more than tripled, yet still represents only 6% of foundation funding for climate in 2022. </div> </div> </div> <div class="col-span-12 md:col-span-6 mbm statistic-col"> <div class="statistic-block"> <div class="statistic-header"> <h2>Maritime shipping</h2> <div class="has-type-xxl-font-size line-xxl mbxs hide-mobile"></div> <div class="has-type-xl-font-size line-xl mbxxs hide-desktop"></div> </div> <div class="statistic-content mtxs has-type-l-font-size line-l"> From 2018 to 2022, foundation giving to the sector more than tripled, reaching $16 million in 2022. </div> </div> </div> <div class="col-span-12 md:col-span-6 mbm statistic-col"> <div class="statistic-block"> <div class="statistic-header"> <h2>Built environment</h2> <div class="has-type-xxl-font-size line-xxl mbxs hide-mobile"></div> <div class="has-type-xl-font-size line-xl mbxxs hide-desktop"></div> </div> <div class="statistic-content mtxs has-type-l-font-size line-l"> Funding grew from $65 million in 2018 to $155 million in 2022, increasing by almost 20% between 2021 and 2022 alone. </div> </div> </div> <div class="col-span-12 md:col-span-6 mbm statistic-col"> <div class="statistic-block"> <div class="statistic-header"> <h2>Corporate accountability</h2> <div class="has-type-xxl-font-size line-xxl mbxs hide-mobile"></div> <div class="has-type-xl-font-size line-xl mbxxs hide-desktop"></div> </div> <div class="statistic-content mtxs has-type-l-font-size line-l"> Funding has steadily increased in recent years, with a particularly large increase of 130% in 2021. </div> </div> </div> <div class="col-span-12 md:col-span-6 mbm statistic-col"> <div class="statistic-block"> <div class="statistic-header"> <h2>Minerals for the energy transition</h2> <div class="has-type-xxl-font-size line-xxl mbxs hide-mobile"></div> <div class="has-type-xl-font-size line-xl mbxxs hide-desktop"></div> </div> <div class="statistic-content mtxs has-type-l-font-size line-l"> This area has seen increased philanthropic engagement as the clean energy transition drives new demand for minerals used in EVs, solar panels, wind turbines, and more. </div> </div> </div> </div> </div> </div> </div> </div> </div><div class="featured-report-module testimonials relative" style="background: #ffffff" id="766741afbbb59a5"> <div class="md:pvm pvxl"> <div class="container"> <div class="grid grid-cols-12"> <div class="col-span-12"> <div class="has-type-xl-font-size line-xl mvm txt-c">What climate philanthropy leaders are saying:</div> </div> </div> <div class="carousel grid lg:mhn relative" data-niftic-slider-slides> <div class="slide -active" data-slide-index="0"> <div class="grid grid-cols-12 "> <div class="col-span-12 lg:col-end-12 lg:col-start-2"> <div class="type-xl line-xl mbm txt-c">“This report should be a wake-up call for philanthropy. The intensifying climate crisis demands greater ambition, scale, and urgency to safeguard lives. There has been meaningful climate progress, but maintaining the status quo is not enough, and that includes philanthropy. Now is the moment for philanthropy to move more funds, faster, to the places that need them, and work with a wider range of partners from government, to business, to civil society and communities, to advance transformative and equitable climate solutions. ”</div> <div class="testimonial-author txt-c"> <h3 class="inline-block">Helen Mountford</h3> <div class="type-l inline-block"> | President and CEO of ClimateWorks Foundation</div> </div> </div> </div> </div> <div class="slide -inactive" data-slide-index="1"> <div class="grid grid-cols-12 "> <div class="col-span-12 lg:col-end-12 lg:col-start-2"> <div class="type-xl line-xl mbm txt-c">“Collaboration is the heartbeat of effective climate solutions that amplify impact and transcend individual efforts. Philanthropic efforts are critical to driving ambitious collective climate action in pivotal sectors to create massive benefits for people and the planet. Quickly mitigating methane would be like hitting the emergency break on global warming. Methane is the quickest way to decrease the temperature to buy time to address other dangerous pollutants.”</div> <div class="testimonial-author txt-c"> <h3 class="inline-block">Marcelo Mena</h3> <div class="type-l inline-block"> | CEO, Global Methane Hub</div> </div> </div> </div> </div> <div class="slide -inactive" data-slide-index="2"> <div class="grid grid-cols-12 "> <div class="col-span-12 lg:col-end-12 lg:col-start-2"> <div class="type-xl line-xl mbm txt-c">“There is a persistent disconnect between the disproportionate impacts of climate change in Africa and the lack of sufficient philanthropic investments to advance climate-positive development on the continent. Philanthropic capital is essential because it can spark rapid investment, strong partnerships, and place-based solutions to unlock new opportunities for development and help transform African economies at a systems level, creating real benefits for the people and communities being impacted by climate change.”</div> <div class="testimonial-author txt-c"> <h3 class="inline-block">Saliem Fakir</h3> <div class="type-l inline-block"> | Executive director, The African Climate Foundation</div> </div> </div> </div> </div> <div class="slide -inactive" data-slide-index="3"> <div class="grid grid-cols-12 "> <div class="col-span-12 lg:col-end-12 lg:col-start-2"> <div class="type-xl line-xl mbm txt-c">“The broader economic trends that slowed overall philanthropic giving last year – decrease in global growth, inflation, declining stock market performances – also impacted foundation giving. Despite these challenges, foundation giving grew in 2022, albeit at a much slower rate than previously. The fluctuations from year to year also show why multi-year grants are so important. They provide stable support to the field, especially when times get tough. ”</div> <div class="testimonial-author txt-c"> <h3 class="inline-block">Helene Desanlis</h3> <div class="type-l inline-block"> | Director of climate philanthropy, Global Intelligence, ClimateWorks Foundation</div> </div> </div> </div> </div> </div> <div class="grid ptm md-pts grid-cols-12" style="align-items: center;"> <div class="col-span-2" style="position: unset;"> <div class="arrow -left" data-niftic-slider-action="back"> <svg width="29" height="30" viewBox="0 0 29 30" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M15.6909 29.1362L1.54878 14.9941L15.6909 0.85196L18.5193 3.68039L9.14929 13.0504L26.9691 13.0504L26.9691 17.0504L9.26199 17.0504L18.5193 26.3078L15.6909 29.1362Z" fill="currentColor"/> </svg> </div> </div> <div class="col-span-8"> <div class="carousel-progress"> <ul class="slide-indicators txt-c"> <li class="slide-indicator noselect --active" data-slide-index="0"><span></span></li> <li 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