ClimateWorks Foundation
For Carbon Dioxide Removal Program
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Amount$1,250,000
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Program
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Date Awarded10/17/2022
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Term12 Months
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Type of SupportGeneral Support/Program
Strategies
Overview
The ClimateWorks Foundation’s Carbon Dioxide Removal (CDR) Program harnesses the power of philanthropy to restore the climate by advancing strategies to remove carbon from the atmosphere. The program scales carbon dioxide removal approaches, expands communications, and strengthens public awareness and understanding of CDR. A comprehensive approach to CDR is necessary to meet removal targets of 10 gigatons per year by 2050, with an interim goal of removing six gigatons of carbon dioxide by 2030. The IPCC report is clear that maximally ambitious efforts to both mitigate emissions and remove carbon from the atmosphere are needed if the world is to limit warming to 1.5 to 2 degrees Celsius. (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 the independent Global Stocktake
The independent Global Stocktake is a research and communications project driven by think tanks and civil society to raise the aspirations of parties to the Paris Agreement. It is a rigorous analytical project to highlight the differences between what countries have pledged, what they are actually doing, and what needs to be done to meet the goal of keeping global temperature increases well below 2 degrees, as set under the Paris treaty. This project will precede the official UNFCCC Global Stocktake (GST), and is designed to help keep that process honest and ambitious. The GST will be one input when countries submit their national determined commitments to meet the Paris goals in 2025. (Substrategy: Multilateral)
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 to increase philanthropic capacity in the field. (Substrategy: Philanthropic Capacity)
for identifying China’s competitive advantage in technological CDR
This grant will advance carbon dioxide removal solutions (CDR) in China, exploring how CDR can support China’s carbon peaking and neutrality goals through enhanced Chinese and international communities’ robust exchange on scientific, technological solutions and finance and regulatory policies in the direct air capture, carbon dioxide removal and utilization (Substrategy: China National Policy) .
