It will surprise no one that we believe philanthropy has to play a much bigger role in carbon removal. Like, right now. Thanks to MCJ Collective for giving our very own Adam Fraser the proverbial mic to go deep on this topic we really (really) care about.
How much of global philanthropic giving do you think goes towards climate-related causes? 🤔 Answer: 2% In this week's newsletter, Adam Fraser, CEO of Terraset, highlights this critical yet overlooked fact. Even in the US, this figure improves to just 3%. Why does philanthropy matter to climate solutions? 💰 The CDR market remains underfunded despite its importance 📈 Philanthropic dollars can drive development and scaling of CDR projects 🌱 Investment is needed now for early-stage climate solutions to mature With a philanthropic market nearing $1 trillion, directing more funds towards climate initiatives is not just necessary— Adam argues it's imperative.