This white paper explores the role corporate philanthropy can play in accelerating climate and nature transitions, acting as a bridge between public and private sectors and leveraging the knowledge of corporate affiliates towards positive societal impact.
Latest data shows that less than 5% of reported global corporate philanthropic funding is directed towards climate and nature-related themes. In response to this need, the World Economic Forum’s GAEA platform (Giving to Amplify Earth Action) launched a Corporate Philanthropy Challenge for People and Planet in January 2024 to mobilize $1 billion of smart, catalytic funding towards climate and nature interventions by 2030.
The report analyses the current state of both funding and non-funding corporate philanthropy towards climate and nature, and profiles success stories from eight GAEA corporate philanthropy partners: Salesforce, Mastercard Center for Inclusive Growth, Walmart Foundation, Infosys Foundation, Cisco Foundation, Google.org, UBS Optimus Foundation and Ares Foundation.
