Less than two per cent of annual global philanthropic giving goes towards preventing climate change, according to research by ClimateWorks Foundation. The research is part of the first Asia‑focused climate philanthropy report by the World Economic Forum’s Giving to Amplify Earth Action initiative, and was launched at the COP28 Singapore Pavilion in Dubai in December last year in collaboration with Philanthropy Asia Alliance (PAA) and ClimateWorks Foundation.
It highlights the importance of philanthropic‑public‑private