http://static1.squarespace.com/static/54a2e4c1e4b043bf83114773/t/56f085628259b594db050f8e/1458603369594/Philanthropy+Report+Final+%28small+file%29.pdf
PHILANTHROPY BEYOND CARBON NEUTRALITY CENTER FOR CARBON REMOVAL || MARCH 2016 Carbon removal is a critical but missing piece of the climate solutions portfolio. Achieving the long-term goal of the U.N. Paris Agreement will not only require drastic emissions reductions, but will also likely require efforts to clean up excess CO2 from the atmosphere. Although these carbon removal (or “negative emissions”) strategies can also offer myriad co-benefits in addition to meeting climate targets — from new opportunities for growth in a low-carbon economy to enhanced ecosystem services and climate resiliency for communities around the world — governments and businesses have provided negligible support for the carbon removal field to date. The lack of policy and industry support for carbon removal opens the door for philanthropies to ignite the development of the field. In the past, philanthropies have been successful in catalyzing greater public and private sector support for important, under-the-radar issues — exactly what the carbon removal field needs today. Yet, high technology costs and uncertainties, alongside an exclusive focus on emission reduction goals, have historically driven philanthropic funders away from carbon removal projects. While our research shows that less than one percent of climate-related grant-making has supported carbon removal solutions over the past decade, interviews conducted with 50 climate and philanthropy experts show that the climate philanthropy community has begun to recognize the increased urgency for developing carbon removal solutions. How can philanthropy move beyond carbon neutrality? 1) elevate the issue, 2) spur science and innovation, 3) build markets and policies to foster commercialization. More information and conversation on carbon removal are needed to enable government and industry leaders to foster the commercialization of carbon removal solutions in not only swift, but also equitable, sustainable, and economically viable manner. As philanthropies begin to support carbon removal projects, targeted grants to support industry- and policy-relevant research, events, and communication efforts can have high leverage by unlocking orders of magnitude more funding from governments, NGOs, and corporations around the world -- You received this message because you are subscribed to the Google Groups "geoengineering" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at https://groups.google.com/group/geoengineering. For more options, visit https://groups.google.com/d/optout.
