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    • News
    • UNGA 2023

    Rockefeller, Bloomberg, other major donors bet big on climate at UNGA

    Rockefeller, Bloomberg, IKEA, and other foundations made major climate pledges during the United Nations General Assembly, reflecting a greater prioritization on climate-focused philanthropy.

    By Stephanie Beasley // 22 September 2023

    Multilateral efforts to combat climate change may have seemed shaky, at best, during this week’s United Nations General Assembly. However, the philanthropy sector sent a clear message — in the form of multiple multimillion-dollar pledges — climate action has become a top priority.

    Climate philanthropy experts told Devex that UNGA, which coincided with New York’s Climate Week, would be an opportunity to further progress made at recent global events such as last November’s U.N. Climate Change Conference and the recent Africa Climate Summit in Nairobi.

    And while the head of the U.N.-created Green Climate Fund referred to her own organization as “outdated” in a draft speech and U.K. Prime Minister Rishi Sunak (who skipped the event) announced plans to roll back green policy measures, a slew of influential philanthropists made promises to deliver funding for global climate efforts.

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    More reading:

    ► Gates-, Bezos-backed organizations support US climate justice efforts

    ► Foundation-led green energy alliance announces CEO, global south plans (Pro)

    ► Rockefeller Foundation to focus on climate, wrestles with oil legacy

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    • Rockefeller Foundation
    • Bloomberg Philanthropies
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    About the author

    • Stephanie Beasley

      Stephanie Beasley@Steph_Beasley

      Stephanie Beasley is a Senior Reporter at Devex, where she covers global philanthropy with a focus on regulations and policy. She is an alumna of the UC Berkeley Graduate School of Journalism and Oberlin College and has a background in Latin American studies. She previously covered transportation security at POLITICO.

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