We all know that climate change is no longer a crisis. It has become an emergency.

A groundbreaking report published earlier this month by the world’s leading authority on climate change, the Intergovernmental Panel on Climate Change (IPCC), was called a ‘code red for humanity’ by U.N. Secretary-General António Guterres.

The report says that human activity is changing the climate in unprecedented ways and that some of the changes are now inevitable and irreversible, and that we need to take immediate and drastic action to prevent further catastrophe.

If the global scientific consensus on the urgency was not enough to convince all of us – individuals and institutions – that we need to act now and boldly, we can see the effects in the world around us with growing and terrifying frequency. The last few months have shown us a glimpse of what we should expect, not just for a few small Pacific Islands, but for all of us:  floods in Europe and China with hundreds dying, heat waves in North America and devastating fires in Australia, Canada, Greece, Algeria and Turkey.

Emergency means momentum. With COP26 coming up in October this year, we, philanthropic actors, have an opportunity to show our engagement on the climate crisis to the world, and maybe even more importantly to ourselves, our stakeholders, teams and partners. We believe this is not only the role of environment-focused foundations to take action but of the whole philanthropic community.

Building on a movement started in the UK with ACF and in other parts of Europe with Dafne’s support, we have engaged 40 philanthropy networks from across the globe to launch the International Philanthropy Commitment on Climate Change. Not because we are drifting away from our core mission, but, on the contrary, because we believe it’s the only way to be loyal to our mission and responsibility. If we don’t do everything we can to counter the existential threat humanity is facing, how can we say we are here to serve social progress and strengthen philanthropy – the love of humanity?

Taking the commitment is also a way for philanthropic actors to learn how to leverage all the instruments of change they have at their disposal. Not only our grants or what we implement on the ground but also our investments and financial assets, our operations, our influence and expertise. By engaging, you will have an opportunity to act at all these levels and learn from the successes and failures of others who have already started the journey.

Read the full article about philanthropic commitments by Benjamin Bellegy at Alliance Magazine.