ClimateWorks Foundation
For Work On Global Industrial Decarbonization
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Amount$4,500,000
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Program
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Date Awarded4/6/2020
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Term12.0 Months
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Type of SupportGeneral Support/Program
Overview
This grant supports a significant expansion of ClimateWorks’ global industrial sector strategy. The industrial sector is responsible for between a quarter and a third of global greenhouse gas emissions. This effort will focus on the top emitting industries including steel, concrete, and chemicals. It will address these sub-sectors in the United States, the European Union, and China. ClimateWorks promotes the creation of markets for low-embodied emissions commodity materials; provides technical support and capacity building for governments, NGOs, and think tanks; and trains people to be effective advocates for low-emissions products.
About the Grantee
Grantee Website
www.climateworks.org
Address
235 Montgomery Street, 13th Floor, San Francisco, CA, 94104-3006, United States
Grants to this Grantee
for Carbon Dioxide Removal Program
The Intergovernmental Panel on Climate Change found that carbon dioxide removal (CDR), alongside emissions reduction interventions, will be needed at a global scale to curb the worst effects of climate change. By 2050, the world will need to remove at least 10 gigatons, per year, of carbon dioxide, and continue doing so for hundreds of years. To meet carbon removal targets by 2050, a comprehensive approach to CDR is necessary. ClimateWorks is driving a global philanthropic strategy to meet this challenge with focused work to scale direct air capture technologies in California. (Substrategy: Carbon Negative)
for support of U.S. Foreign economic policy for global green industrial policy
ClimateWorks Foundation is a global organization with a single mission: to end the climate crisis by amplifying the power of philanthropy. This grant supports the efforts of ClimateWorks’ Sustainable Finance Program to educate the public and US government actors on the importance of a coherent approach to international aspects of green industrial policy across relevant US government departments and agencies. This includes mobilizing a coalition and advancing research and engagement strategies to build U.S. leadership in this critical area.
