European Climate Foundation
For The Carbon Dioxide Removal And Carbon Capture Hub At The Port Of Rotterdam
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Amount$1,000,000
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Program
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Date Awarded2/13/2020
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Term24 Months
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Type of SupportProject
Overview
This project seeks to achieve buy-in from key European NGOs for an industrial decarbonization strategy that is built around carbon capture. The European Climate Foundation will work with stakeholders to develop a governing consensus for the deployment of carbon capture and the accompanying infrastructure. Key stakeholders will include major E.U. climate NGOs; representatives from the iron, steel, cement, and chemical industries; national governments; and labor unions.
About the Grantee
Grantee Website
www.europeanclimate.org
Address
Riviervismarkt 5
2513 AM, The Hague, Netherlands
Grants to this Grantee
for Tara’s Climate Finance Program
This grant will support Tara’s work in Asia to support a clean energy transition and develop a pilot education strategy. In 2022, Tara will help ensure China’s overseas coal finance commitment is clear, ambitious, and without loopholes. They will also work with local and partners to accelerate public finance into clean energy in the region and initiate a fossil-free campaign focused on the Asian Infrastructure Investment Bank (AAIB). Finally, funds will enable Tara to put a monitoring system in place to track finance for gas projects, while developing an Asia-wide pilot education strategy to help the next generation of South and Southeast Asian leaders embrace renewable energy and sustainability. (Substrategy: China National Policy)
for support of the Forum New Economy
Housed at the European Climate Foundation, the Forum New Economy is a Berlin-based nonpartisan platform launched in October 2019 with the aim to accelerate the emergence of a new guiding principle in economic policy. As the critical German part of a growing international network, the forum generates and promotes overarching new answers to the major challenges of our time, be it climate change, inequality, or the instability of financial markets. It also creates a link between innovative international academics on the one hand, and policymakers and the wider public in Germany on the other hand.
for the Climate Finance Fund
The Climate Finance Fund is administered by the European Climate Foundation (ECF). The fund will support the mobilization of capital to drive climate solutions in alignment with ECF’s mission to respond to the global climate crisis by creating a net-zero greenhouse gas emissions society. This grant will cover costs for ECF program staff to operationalize the Fund.
