What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Giving Compass' Take:
• Sigal Samuel asks nine climate experts — scientists, activists, policy entrepreneurs — about the most effective ways for billionaires to fight climate change.
• Are the billions that are already being donating going to the best climate change causes? How are you fighting against climate change?
• Here's an article on funding coalitions for climate justice.
Whether you like it or not, billionaire philanthropy exists. And if it’s going to keep existing, then we’d probably do well to figure out how donors’ resources can most effectively tackle our world’s biggest problems.
That includes our most urgent problem of all: climate change.
Some megadonors are already trying to help us avert the climate crisis. Michael Bloomberg, the former New York City mayor, and Tom Steyer, the environmental philanthropist turned presidential candidate, have each donated millions to the cause. So have major foundations like the William and Flora Hewlett Foundation. According to the Open Philanthropy Project, “overall American philanthropic funding for climate change activities appears to be on the order of several hundred million dollars per year.”
We wanted to get a wide range of views, from the familiar to some on the margins of the conversation. I got an incredible array of responses. Some experts are convinced that nuclear power is the solution; others are convinced that’s too dangerous. The same goes for solar geoengineering, a controversial idea that involves injecting aerosols into the high atmosphere to reflect sunlight back into space and make for a cooler planet.
Read the full article about fighting climate change by Sigal Samuel at Vox.