New Venture Fund

For The Fossil Fuel Reduction Project

  • Amount
    $2,150,000
  • Program
  • Date Awarded
    7/23/2013
  • Term
    12 Months
  • Type of Support
    Project
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
Address
1828 L Street NW, Suite 300 – A, Washington, DC, 20036, United States
Grants to this Grantee
for support of the Communities for Just Schools Fund to fund education organizing  
The Communities for Just Schools Fund is a national donor collaborative that brings together the resources of philanthropy with the power of grassroots organizing to ensure that all schools welcome students and nurture their full potential. This grant will be used to fund education organizing; build the capacity of the fund’s grantee partners; and connect their partners with philanthropy, policy, research, and advocacy communities. (Substrategy: Student & Community Voice)
for Powering a New Economy Fund  

This grant for the Powering a New Economy Fund supports its work to drive the turn toward a new, more inclusive and sustainable economic paradigm. The fund supports state and locally based coalitions and grassroots organizations working to transform the political economy in cities and states.

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