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    • Climate finance

    Why activists want philanthropists to pay climate reparations

    Climate activists say billionaires who made their fortunes from oil and gas should stop making donations and start paying climate reparations "to repair some of the damage" they caused.

    By David Njagi // 13 November 2023

    Oxfam estimates that over the last 20 years, the need for humanitarian aid has increased by 800% due to weather-related emergencies. Climate activists want private donors to take bold moves to deal with this unfolding threat.

    While they all agree that philanthropy could help fill funding shortfalls, some argue that it has thus far worked within a traditional system that is steeped in colonialism and capitalism — and this needs to change.

    Philanthropy is meant to fill gaps created by exploitative global systems but private donors have continued working within the same space that perpetuates exploitation, a situation that has ended up doing more harm to last-mile communities struggling with emergencies such as the climate crisis, Gloria Mugabekazi, a feminist funder working in Uganda, said during a recent WINGSForum held in Nairobi ahead of the 28th United Nations Climate Change Conference, or COP 28.

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    More reading:

    ► Climate philanthropy report shows 'disappointing' lack of funding

    ► More climate finance is needed, but where should it come from?

    ► How the Bridgetown Initiative envisions global financial system reform (Pro)

    • Environment & Natural Resources
    • Funding
    • Humanitarian Aid
    • Social/Inclusive Development
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    About the author

    • David Njagi

      David Njagi

      David Njagi is a Kenya-based Devex Contributing Reporter with over 12 years’ experience in the field of journalism. He graduated from the Technical University of Kenya with a diploma in journalism and public relations. He has reported for local and international media outlets, such as the BBC Future Planet, Reuters AlertNet, allAfrica.com, Inter Press Service, Science and Development Network, Mongabay Reporting Network, and Women’s Media Center.

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