Thank you for highlighting the importance of philanthropy in scaling CDR. Could you also mention 3 directions that we can take in order to increase the allocation of philanthropic funds to CDR? Best, Paris
Thanks for your interest! A few directions come to mind:
- Highlighting the co-benefits of specific CDR projects to communities (e.g., livelihoods/climate justice/environmental co-benefits) as a way to unlock more philanthropic capital from mission-aligned donors;
- Building on both public and private partnerships to de-risk CDR purchases and soften the price point via innovative financing mechanisms;
- Continuing to support the CDR sector through monitoring, reporting and verification (MRV), policy advocacy, and corporate guidance.
Great,, this untapped opportunities can make us have access to Biodiversity protection and rehabilitation if tackled appreciate,and I know a flat form like this can get us moving matters pertains to climate change,and nature caring,
Like we in Kenya, mostly locality where I live,am climate change ambitious and am doing, 🎄 trees planting in catchment areas, forest just protecting environment!
Plus training farmers/ community members on the same doing it practically,and no one bothering either support our work,
But if you as company can come up with the strategy on initiative to community for harvest of carbon can help us as a community and boost up environment!
Great post, thanks. New subscriber here.
Re: "Second, people often can’t see the way that their philanthropic donations can make a difference, even on an issue they care about. That might be because they have lost a certain amount of hope—and we believe that hope is a greater driver than despair." -- I wrote a post recently about hope, apathy and scaremongering that may be of interest: https://open.substack.com/pub/predirections/p/on-hope-apathy-and-scaremongering?r=2r7az9&utm_campaign=post&utm_medium=web
Thanks for sharing, Jonathan. Great post!
Thank you for highlighting the importance of philanthropy in scaling CDR. Could you also mention 3 directions that we can take in order to increase the allocation of philanthropic funds to CDR? Best, Paris
Thanks for your interest! A few directions come to mind:
- Highlighting the co-benefits of specific CDR projects to communities (e.g., livelihoods/climate justice/environmental co-benefits) as a way to unlock more philanthropic capital from mission-aligned donors;
- Building on both public and private partnerships to de-risk CDR purchases and soften the price point via innovative financing mechanisms;
- Continuing to support the CDR sector through monitoring, reporting and verification (MRV), policy advocacy, and corporate guidance.
I still don't know how to invest in something that actually makes a difference and not just someones paycheck (and consumption).
PS: "the US (the world’s largest philanthropic market, by some distance)" - yes, in dollars - not so much distance in percentage of GNI.
Great,, this untapped opportunities can make us have access to Biodiversity protection and rehabilitation if tackled appreciate,and I know a flat form like this can get us moving matters pertains to climate change,and nature caring,
Like we in Kenya, mostly locality where I live,am climate change ambitious and am doing, 🎄 trees planting in catchment areas, forest just protecting environment!
Plus training farmers/ community members on the same doing it practically,and no one bothering either support our work,
But if you as company can come up with the strategy on initiative to community for harvest of carbon can help us as a community and boost up environment!
Best
Joseph.