Why Is Only 2% of Global Philanthropy Climate-Related Giving

Climate-focused philanthropy has increased significantly in recent years, but it’s still insufficient relative to the size and urgency of the challenge. Randall Kempner is a senior advisor at the Energy and Environment Program of The Aspen Institute, and a global leader in advancing policy solutions for critical issues. He joins me today to discuss why less than two percent of global philanthropy is focused on climate-related giving, while 85 percent of all U.S. foundation funders stated in a recent report that climate change was a top three issue. Nevertheless, only one third reported they were “open to considering funding efforts” to address climate change.