Philanthropy vet launches startup to help people ‘get smart’ about climate investing and giving
President-elect Donald Trump is proposal Fossil fuel champions in American leadership roles. new Research Showing the world is not quite there yet when it comes to meeting carbon emissions targets.
These are the headlines that might make climate advocates want to curl up and take a look.
McCree Want to help people do better.
This Seattle entrepreneur is launching Clemion Supporting individuals and families fighting the climate crisis through impact investing and philanthropic giving. The startup will offer virtual and in-person workshops and events to explain climate challenges and the most immediately beneficial solutions. It will also provide emotional and psychological support to guide people dealing with climate anxiety.
“If you care about the climate, be smart,” Rhea said. “Focus on what’s really important.”
While Trump’s reelection is widely expected to bring widespread setbacks for climate policy and U.S. leadership, it could also spur private investment and donations in the industry.
Rea has spent much of her career helping people direct resources to important causes. He most recently served as Executive Director E8is a climate investment angel group in the Seattle area that also owns a group called Decarbonization 8. Rea’s other past positions include serving as senior project manager at the Gates Foundation and CEO of TravelCare, a nonprofit that supports travel for good.
“People don’t know that you can use philanthropic capital to invest in these startups as long as they are mission-driven, impact-driven,” Ray said, adding that it could be a lower-risk alternative to traditional investing.
ClimeOn is nearing completion of its research and development phase and plans to start conducting workshops early next year. Rhea is keen to get cash flowing into fast action, a campaign called Climate Emergency Brake Project reduction Such as preventing deforestation and limiting emissions of methane, a potent greenhouse gas.
The startup is also seeking funding to support its efforts. Rea is seeking a charitable, recoverable grant fundraiser where donors will receive a small return on their donations.
ClimeOn’s business model is targeted at high net worth individuals and will include seminar and consulting fees, and possibly subscription fees.
Wray said he’s not aware of anyone offering a similar approach to climate education that promotes philanthropy and impact investing while providing mental health support.
Climate donations could get a boost. The United Nations reports that charities spend only 2% of their funds on climate efforts. But there is plenty of philanthropic funding available. In the United States, there are 1.8 million donor-advised funds holding more than $252 billion Get ready for charity deployment.
New leadership in the White House could release some of that money in a targeted way.
“A Trump second term seems likely to increase climate philanthropy’s focus on state and regional efforts while shifting federal funding toward a more defensive mindset, as we saw in his first election That way,” said Michael Cavatis a reporter for Inside Philanthropy, focusing on environmental donations.
Kavat added that the situation highlights the need for no-strings-attached philanthropy, which gives recipient organizations the flexibility to allocate funds where needed.
In the Pacific Northwest, the Ballmer Group, founded by former Microsoft executive Steve Ballmer and his wife, Connie, may be the leader in climate change mitigation philanthropy.
While they can’t compete with Ballmer, Rhea hopes other employees at Microsoft and Amazon, as well as successful new entrepreneurs and shareholders, will direct resources toward climate solutions. He’s talking to tech companies’ employee giving programs and employee affinity groups, and is reaching out to personal wealth advisors.
katherine simpsonThe CEO of the Russell Family Foundation, a Seattle-area organization, also stressed the importance of investing alongside philanthropy World Economic Forum Posts.
“Leveraging donor dollars to fund climate solutions allows smaller organizations to bring more power to their efforts beyond what their donor dollars could achieve,” Simpson wrote in August.
U.S. climate investment increased overall during the first Trump administration, and many in the industry hope that happens again. According to statistics, investment in this field will reach US$14.1 billion by 2020 brochure. U.S. venture capital firms are sitting on huge amounts of money — in total $300 billion By the end of last year.
Rea assembled a team with diverse backgrounds to solve the problem. It includes psychological leadership Steffi Bednarekfounder of the Center for Climate Psychology and Change; science and systems leadership Anders Halversonscientific advisor of the online learning community Terra.do; behavioral science advisor Gilana Sheathassociate professor at Tulane University; and experience designer Nikita Palmisani, Climate Educator.
ClimeOn’s consultants are Ramez namea futurist, author and Seattle tech veteran, and Britt Rayauthor of Generation Fear.
Rhea said now is the time to act, bringing “all assets, all people together”.
Related: Cleantech prospects: How investors can strategize in light of Trump’s climate confrontation
2024-12-03 16:25:31