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How should billionaires spend their money to fight climate change? I asked 9 experts.Īrguably the best move is to donate not to an individual charity, but to a fund - like the Founders Pledge Climate Change Fund or the Giving Green Fund. Both are important, but the focus here is preventing further catastrophe. As in the Founders Pledge and Giving Green recommendations, I’ve chosen to look at groups focused on mitigation (tackling the root causes of climate change by reducing emissions) rather than adaptation (decreasing the suffering from the impacts of climate change). And neglected problems are ones that aren’t already getting a big influx of cash from other sources like the government or philanthropy, and could really use money from smaller donors.įounders Pledge, an organization that guides entrepreneurs committed to donating a portion of their proceeds to effective charities, and Giving Green, a climate charity evaluator, used these same criteria to assess climate organizations. Tractable problems are ones where we can actually make progress right now. Important targets for change are ones that drive a big portion of global emissions. The groups I list below seem to be doing something especially promising in the light of certain criteria: importance, tractability, and neglectedness. I’m not including bigger-name groups, such as the Environmental Defense Fund, the Nature Conservancy, or the Natural Resources Defense Council, because most big organizations are already relatively well-funded (those three, for example, got hefty grants from the Bezos Earth Fund). To help, here’s a list of eight of the most high-impact, cost-effective, and evidence-based organizations. There’s a glut of environmental organizations out there - but how do you know which are the most impactful?
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The trouble is, it can be genuinely hard to figure out how to direct your money wisely if you want to reduce greenhouse gas emissions. And although the world has started to make some progress on it, our global response is still extremely lacking. The climate emergency threatens all of humanity. If you’re reading this, chances are you care a lot about fighting climate change, and that’s great.
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