Climate funding surged 20% in 2023, outpacing the overall growth in global philanthropic giving for the first time since 2020, according to ClimateWorks Foundation’s 2024 Funding Trends Report. This fifth edition provides five years of insights into how philanthropy is driving progress in climate action, and highlights stark funding gaps and emerging priorities in the face of escalating climate impacts. The report analyzes overall philanthropic funding from individuals and over 90 foundations in 2023, revealing that $9.3 billion to $15.8 billion was directed toward mitigating climate change. “The growth in…
Read MoreClimate Giving Surges 20% in 2023, Outpaces Growth in Global Philanthropy
