ClimateWorks Foundation
For Carbon Dioxide Removal Program
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Amount$1,500,000
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Program
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Date Awarded11/21/2023
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Term18.0 Months
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Type of SupportGeneral Support/Program
Strategies
Overview
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)
About the Grantee
Grantee Website
www.climateworks.org
Address
235 Montgomery Street, Suite 1300, San Francisco, CA, 94104-3006, United States
Grants to this Grantee
for general operating support
ClimateWorks Foundation works to address climate change and advance clean energy and a prosperous economy. They pursue a global approach to reducing greenhouse gas emissions, aimed at energy sectors and regions with high or fast-growing levels of greenhouse gas pollution. Among their priorities are increasing clean, renewable energy sources; promoting energy efficiency; supporting work on clean transportation; and reducing deforestation and emissions of highly potent greenhouse gases. ClimateWorks will also continue working to increase philanthropic capacity in the field. (Substrategy: Philanthropic Capacity)
for the global industrial decarbonization program
ClimateWorks Foundation works to address climate change and advance clean energy and a prosperous economy. This grant will support its Industry Program’s efforts to reduce industrial GHG emissions to zero in high-income countries by 2050 and in middle- and lower-income countries by 2060. To achieve this goal, all the key components of the transition must be fully commercialized and ready to be rapidly scaled up by 2030, including the technologies and the social and economic systems to support clean production, demand reduction, and the transition away from fossil-based production practices. This grant will enable ClimateWorks to work with partners globally to set the policy, commercial, technological, and social foundations for deep decarbonization from 2030, through initial steps to reduce industrial GHG emissions during the 2020s. (Substrategy: Industry)
for the fertilizer program
This grant will support a ClimateWorks Foundation project to address emissions from fertilizer, which represent about 5% of total global emissions annually, and which are expected to grow as much as an additional 50% by 2050. ClimateWorks will help develop a global strategy to reduce GHG emissions from fertilizers by 80% by 2050. It will focus on supporting increased nitrogen use efficiency, increasing access to low-emission fertilizer alternatives (particularly for low- and middle-income countries), and building a global philanthropic roadmap for fertilizer emissions reduction. (Substrategy: Multilateral)
