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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Term12.0 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, 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.
