Despite big pledges from Bezos and Musk, only a fraction of charitable giving targets climate change

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Despite big pledges from Bezos and Musk, only a fraction of charitable giving targets climate change
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Funding for ‘proven’ solutions such as protecting forests and transitioning to electric vehicles is not growing fast enough, a new report says.

Billionaires such as Jeff Bezos and Elon Musk have made eye-catching pledges aimed at addressing climate change — but that may be giving people a skewed impression of how much charitable giving actually targets the climate crisis.

Last year, just 2% of philanthropic giving worldwide went toward mitigating the climate emergency that’s increasingly bringing floods, droughts and wildfires to people’s doorsteps, according to a new report from the ClimateWorks Foundation, a San Francisco-based “global platform for philanthropy”...

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