MacArthur Foundation vows to push climate solutions, starting with $50M pledge to green groups
The charitable foundation known for its annual “genius grants” and its public broadcasting underwriter’s message promoting “a more just, verdant and peaceful world” is deepening its commitment to addressing climate change under a new multimillion-dollar program aimed at building leadership capacity and political consensus around climate solutions.
Roughly $50 million in initial funding, announced this morning by the John D. and Catherine T. MacArthur Foundation, will be shared by nine nonprofits engaged in climate policy and advocacy. It is being characterized by the foundation as “a down payment on a major new commitment to help curb global climate disruption by significantly reducing greenhouse gas emissions.”
“Climate change, and its global disruption, threatens to undermine virtually everything we care about as human beings, from quality of life to the economy, from poverty to peace and security,” MacArthur Foundation President Julia Stasch said in a statement announcing the new initiative.