New Venture Fund
For The Fossil Fuel Reduction Project
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Amount$2,150,000
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Program
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Date Awarded7/23/2013
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Term12 Months
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Type of SupportProject
Strategies
Overview
The Fossil Fuel Reduction Project is a multifunder, multiyear project of the New Venture Fund. It focuses on slowing and capping the growth of tar sands development at a level consistent with global scenarios for atmospheric levels of carbon not exceeding 450 ppm. Producing a barrel of tar sands oil is about 25 percent more carbon intensive than producing a barrel of conventional oil. The project’s strategy is threefold: (1) block infrastructure expansions, mainly pipeline expansions in the United States and Canada, and new tar sands mines in Alberta; (2) improve regulations in Alberta to include the full cost of water, air, habitat ,and community impacts; and (3) reduce demand for tar sands oil in the United States and in Europe through policies such as low-carbon fuel standards or the fuel quality directive.
About the Grantee
Grantee Website
www.newventurefund.org
Address
1828 L Street NW, Suite 300 – A, Washington, DC, 20036, United States
Grants to this Grantee
for the Tech Talent Project
The Tech Talent Project is a nonpartisan nonprofit project fiscally sponsored by New Venture Fund that addresses the pressing need for tech talent in government to effectively implement nonlegislative policy, provide services, and address emerging technologies like AI. Recent shifts in the digital labor market present an unprecedented opportunity to accelerate this work in the federal government. (Substrategy: Executive Branch)
for support of the Campaign for Our Shared Future
The Campaign for Our Shared Future, a fiscally sponsored project of New Venture Fund, is a nonpartisan, common-ground effort fighting for the right of every child to an inclusive and high-quality education that prepares them for success in work and life and strengthens the foundation of our multiracial democracy. Their work amplifies essential supports for K-12 students, including inclusive curriculum, social-emotional learning, and school culture measures designed to increase safety and connection. This work advances the Education Program’s goal of ensuring that schools are responsive and relevant to the lives of students by including diverse voices in classrooms. (Strategy: K-12 Teaching and Learning)
for support of the Collaborative for Student Success
The New Venture Fund is fiscal sponsor for the Collaborative for Student Success — a grantmaking initiative that pools resources from several foundations to support education and practices and policies having the greatest positive influence on student progress. The Collaborative will provide targeted state investments to the field, identify and fill communications gaps in key strategic areas, and further build out coalitions of support. (Strategy: K-12 Teaching and Learning)
