The Role of Corporate Philanthropy in Accelerating Climate and Nature Transitions
This white paper explores the role corporate philanthropy can play in accelerating climate and nature transitions, acting as a bridge between public and private sectors and leveraging the knowledge of corporate affiliates towards positive societal impact.
This white paper explores the role corporate philanthropy can play in accelerating climate and nature transitions, acting as a bridge between public and private sectors and leveraging the knowledge of corporate affiliates towards positive societal impact.
Latest data shows that less than 5% of reported global corporate philanthropic funding is directed towards climate and nature-related themes. In response to this need, the World Economic Forum’s GAEA platform (Giving to Amplify Earth Action) launched a Corporate Philanthropy Challenge for People and Planet in January 2024 to mobilize $1 billion of smart, catalytic funding towards climate and nature interventions by 2030.
The report analyses the current state of both funding and non-funding corporate philanthropy towards climate and nature, and profiles success stories from eight GAEA corporate philanthropy partners: Salesforce, Mastercard Center for Inclusive Growth, Walmart Foundation, Infosys Foundation, Cisco Foundation, Google.org, UBS Optimus Foundation and Ares Foundation.
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How is corporate philanthropy helping the planet in 2024?
Corporate philanthropy is key to progress, but only a fraction is focused on climate issues. How can we maximize the impact of philanthropy on climate and natural action?
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