Foundations and individual wealthy donors have been stepping up commitments to address climate change and environmental issues over the past year, with dozens expected to make additional pledges ahead of the 26th United Nations Climate Change Conference, or COP 26.
As hundreds of millions of dollars flow into the space, experts on climate philanthropy are advising funders to exercise caution when developing projects and ensure they are both effective in tackling climate issues and inclusive of local communities.
The Bezos Earth Fund, the IKEA Foundation, The Rockefeller Foundation, the Rob and Melani Walton Foundation, and the Wyss Foundation are among the major global funders that have announced large commitments to environmental conservation and climate change in recent weeks.