Charitable giving to fight climate change rises 25% to $7.5B

Published October 31, 2022 11:30 AM

By JIM RENDON of The Chronicle of Philanthropy
Chronicle of Philanthropy

Charitable giving to organizations that work to slow climate change have increased in the past year, and many more groups are receiving funds than just a few years ago. But despite the increases, giving from individuals and foundations to climate-related causes remains a stubbornly small percentage of overall charitable giving according, to a new report by the ClimateWorks Foundation. The jump in giving was significant — 25% over 2020 — and it outpaced the growth of giving overall. Yet contributions to climate philanthropy accounted for just 1 to 1.5% of all giving, according to the report — just $7.5 billion to $12.5 billion out of the $810 billion given to all causes in 2021.

Article Topic Follows: AP National Business

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