New Venture Fund

For Climate And Clean Energy State Equity Fund

  • Amount
    $1,200,000
  • Program
  • Date Awarded
    10/30/2017
  • Term
    24 Months
  • Type of Support
    Project
Strategies
Overview
New Venture Fund’s Climate and Clean Energy Equity Fund will support grassroots groups in select states and cities working to transition to a clean energy future in ways that promote economic, social, and environmental justice — minimizing risks and maximizing benefits to low-income communities. The Fund’s climate equity framework addresses the need to broaden the base of support for climate action in order to accelerate the pace of change. The Fund will help organizations grow their memberships, strengthen their organizing skills, and build their capacity to advocate for strong clean energy and climate policies.
About the Grantee
Address
1201 Connecticut Ave NW, Ste 300
Washington, DC 20036
Grants to this Grantee
for the Oakland Fund for Public Innovation  
The mission of the Oakland Fund for Public Innovation (OFPI), a project housed at the New Venture Fund, is to engage public- and private-sector partners to innovate, test, and scale ideas that will enhance and help improve the city of Oakland. This fund is strategically positioned to leverage the resources and strengths of the public and private sectors to support city priorities. The Hewlett Foundation’s support will help OFPI tackle some of Oakland’s most complex issues of income inequality, housing, employment, and racial equity, with a focus on the most vulnerable communities in the city.
for the Zero Now Fund  
The Zero Now Fund incubates state, city, and corporate campaigns to rapidly accelerate transport electrification. This grant supports (a) a campaign to accelerate electric urban freight delivery in U.S. cities, (b) campaigns for key companies to support the transition to 100% electric transport, and (c) campaigns to secure key U.S. states to commit to 100% vehicle electrification by 2030. This grant is a long-running part of our strategy to accelerate the share of electric vehicles in the U.S. in order to decarbonize transportation. (Substrategy: Electrification)

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