New Venture Fund

For The Fossil Fuel Reduction Project

  • Amount
    $500,000
  • Program
  • Date Awarded
    11/14/2016
  • Term
    12 Months
  • Type of Support
    Project
Strategies
Overview
The Fossil Fuel Reduction project is a multi-funder, multi-year project of the New Venture Fund. Its purpose is to reduce the impacts on people, wildlife, water, soil, and air from the development of unconventional types of oil. The extraction and processing of unconventional oils in North America have high carbon intensity and other environmental and human impacts. To ensure that atmospheric concentrations of carbon not exceed 450 parts per million, about two-thirds of oil reserves should be kept in the ground.
About the Grantee
Address
1201 Connecticut Ave NW, Ste 300
Washington, DC 20036
Grants to this Grantee
for the Fund for a Safer Future  
Housed at the New Venture Fund, the Fund for a Safer Future (FSF) is a funder collaborative that helps reduce gun violence in the United States. When FSF started its work in 2011, the field of gun violence prevention was beginning a strategic shift that accelerated after the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut, in 2012. Before 2011, the movement was small, relatively isolated, and significantly under-resourced. With the help of FSF and other donors, the movement has become larger, better organized, more coordinated and diverse, and increasingly strategic. During the term of this grant, FSF will be able to continue its coordination efforts among states and expand its research focus.
for Climate Interactive's En-ROADS project  
New Venture Fund is the fiscal sponsor for Climate Interactive, which develops and runs interactive climate modeling tools that help people learn new ways of thinking about climate solutions. This support grant will enable Climate Interactive to add new structural components to the model to better capture new breakthroughs in clean electrification and carbon dioxide removal; convert the model simulator into an easy-to-use format in multiple languages; and expand the use of the tool by media, decision makers, and the public around the world.

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