CHRONICLE OF PHILANTHROPY • November 11, 2021
As policymakers from around the world gathered in Glasgow for a series of long-awaited meetings on climate change, a group of governments and private foundations announced plans to direct $1.7 billion to Indigenous and grassroots groups working to protect forests, a key strategy in absorbing carbon emissions. The Ford Foundation has committed $100 million. Other donors include the Christensen Fund, Sobrato Philanthropies, and the Good Energies, Hewlett, Oak, and Packard foundations. Those donors are joined by nine other grant makers participating in the Protecting Our Planet Challenge, a 10-year, $5 billion commitment anchored by $1 billion from the Bezos Earth Fund.