Amidst the climate crisis, our planet is besieged by the global repercussions of rising temperatures, sea level rise, heatwaves, droughts, floods, cyclones, and wildfires. The surface of the Earth is presently 1.1°C warmer than it was in the late 1800s and the last decade was the warmest on record.
It is obvious that climate change directly exacerbates humanitarian crises.
It is critical to recognize that the effects of climate change are not uniform; rather, they disproportionately affect the most vulnerable and disadvantaged groups, whom we strive to help on a daily basis. To address the crisis’s vast and varied global implications, coordinated measures are required. There exist funding organizations that provide financial support to address the impacts of climate change. Below is a list of 8 of the top organisations that are actively involved in funding initiatives related to climate change.
Before diving into the list, it is worth noting that the largest climate action funders are not governments, but businesses. Well before COP28 this month, investors and corporate leaders tie their investment outcomes to social outcomes, which in turn require climate sensitive business practices and investments. MzN International helps industry and non-profit organisations come together, providing support and assistance to channel more funding and networks towards fighting the climate crisis.
With that said, here are some of the direct donors:
The U.S. Agency for International Development (USAID), in collaboration with Amazon, has initiated the Climate Gender Equity Fund (CGEF). This public-private partnership aims to amplify funding and expand climate finance supporting gender-equitable climate action. The CGEF targets enhanced access to climate finance for organizations led by women, focusing on gender-responsive initiatives addressing climate change. The fund’s objective is to secure $60 million in capital from corporations, foundations, bi/multilaterals, and other funders to drive impactful contributions to the cause.
In the initial funding round, eligibility criteria include organizations falling into one of two categories:
- Gender-smart and/or women-led emerging fund managers, including investment vehicles, that focus on investing in climate-smart solutions within countries where USAID operates.
- Network organizations or intermediaries that provide support to women entrepreneurs actively engaged in climate action within countries where USAID operates.
They release requests for project proposals.
For more information please visit their website.