ClimateWorks Foundation

For The Global Industry Hub Initiative

  • Amount
    $10,000,000
  • Program
  • Date Awarded
    7/26/2024
  • Term
    36.0 Months
  • Type of Support
    Project
Overview
The ClimateWorks Foundation is a global platform for philanthropy to innovate and scale high-impact climate solutions that benefit people and the planet. The Global Industry Hub is a new charitable project, housed within the ClimateWorks Foundation, intended to accelerate reduction in GHG emissions from the industrial sector by strengthening the effectiveness of philanthropy in the sector, scaling funding through new and existing donors, and enabling climate philanthropy to plan and execute new strategic interventions that are necessary for achieving our 2050 climate goals. (Substrategy: Industry )
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.

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