Philanthropists could help mitigate the harms of climate change by donating more money to fight global warming and the communities that are most at risk, a report released Wednesday by the Candid research group said.
Heather McGray of the Climate Justice Resilience Fund said in “Centered Equity and Justice in Climate Philanthropy.””But it only works if success is defined as reducing the overall harm of climate change, not just reducing greenhouse gas emissions.”
According to the report, only some 2% of global aid flowing to climate and under 4% of its approximately $60 million in 2019 is earmarked for climate justice and justice-related work.
“It’s a tiny slice of an already-tiny slice,” said Janet Camarena, senior director of Candid Learning, a research group that co-produced the report.
