Philanthropies Can Partner With Business and Government to Close Climate Financing Gaps, Says New Report

Climate finance was central to discussions at COP28 in Dubai and funding to reach net-zero and restore biodiversity is still falling short. New research highlights priorities for action and shows how partnerships between organizations from the philanthropy, private and public sectors can create a positive domino effect, cut emissions at speed and allow for a just transition.

Case studies of the report, developed in collaboration with McKinsey, include the global coalition Mangrove Breakthrough - securing the protection of 15 million hectares of mangroves worldwide – as well as the reshaping of land degradation in Latin America through Initiative 20x20 and the Breathe London project on enhancing air quality. Other proven partnerships include, the Energy Transition Accelerator in developing countries.