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1% for the Planet and CapShift on growing climate philanthropy through impact investing, Ep #27

1% for the Planet and CapShift on growing climate philanthropy through impact investing, Ep #27

FromInvested In Climate


1% for the Planet and CapShift on growing climate philanthropy through impact investing, Ep #27

FromInvested In Climate

ratings:
Length:
47 minutes
Released:
Nov 1, 2022
Format:
Podcast episode

Description

Tackling climate change can’t be left to companies and governments. The nonprofit sector plays a crucial role in everything from research, education, conservation, helping communities cope with climate impacts and much more. There’s literally tens of thousands of environmental nonprofits, and almost all depend on philanthropy to do the vital work they do. 
And yet, only a tiny fraction of global giving goes to climate. That’s part of why Patagonia founder Yvon Chouinard set up an ambitious program called 1% for the Planet. The idea is simple really - companies donate 1% of their revenue to environmental nonprofits. Currently, over 5,000 companies have signed on. 
Today’s episode focused on an innovative new initiative that aims to significantly grow 1% for the Planet’s fundraising. The https://onepercentfortheplanet.org/planet-impact-fund (Planet Impact Fund) is a partnership between 1% for the Planet, the National Philanthropic Trust and impact investing enabler CapShift that leverages potential of investment returns to increase philanthropic support. I was joined by Kate Williams, CEO of https://onepercentfortheplanet.org/ (1% for the Planet), and Jesse Simmons, a Managing Director at https://capshift.com/ (CapShift). Through our conversation, I learned a lot about climate philanthropy, impact investing, donor advised funds, and the importance of innovative partnerships that unlock more capital for climate. Hope you enjoy. 
In today’s episode, we cover:[3:51] What is 1% for the Planet & the problem they’re aiming to tackle
[5:16] How much capital is going into climate philanthropy
[11:11] What is CapShift & the problem they’re aiming to tackle
[12:30] CapShift’s traction & the amount of investments that they’re facilitating
[13:41] The Planet Impact Fund: A Partnership between 1% for the Planet & CapShift
[19:06] The donors & investors that the Planet Impact Fund is intended for
[22:13] The rise of intergenerational wealth transfer
[24:47] How investments are selected for the Planet Impact Fund
[26:17] How today’s investments are faring
[28:23] Nonprofit partners in Planet Impact Fund’s network
[31:47] The opportunity to create a Donor Advised Fund (DAF)
[33:35] Addressing the criticism around DAFs
[36:17] Other ambitious partnerships around climate
[40:06] Learning across public-private partnerships
[42:31] Tips for anyone considering climate philanthropy & investing

Resources & People Mentionedhttps://onepercentfortheplanet.org/planet-impact-fund (The Planet Impact Fund)
https://onepercentfortheplanet.org/ (1% for the Planet)
https://capshift.com/ (CapShift)
https://directories.onepercentfortheplanet.org/ (1% for the Planet Network Directory)
https://drawdown.org/ (Project Drawdown)
https://www.undp.org/sustainable-development-goals?utm_source=EN&utm_medium=GSR&utm_content=US_UNDP_PaidSearch_Brand_English&utm_campaign=CENTRAL&c_src=CENTRAL&c_src2=GSR&gclid=CjwKCAjw5P2aBhAlEiwAAdY7dLBQ_II5XqNmIZDjtr-woS8s_IETsWac41DWe6aQLNlOkimRgU6GbhoCORQQAvD_BwE (UN Sustainable Development Goals)

Connect with Kate Williams & Jesse SimmonsConnect with https://www.linkedin.com/in/katewilliams87/ (Kate)
Connect with https://www.linkedin.com/in/jesse-simmons-180b1132/ (Jesse)

Connect With Jason Rissmanhttps://investedinclimate.com (https://InvestedInClimate.com) 
On https://www.linkedin.com/in/jasonrissman/ (LinkedIn)
On https://twitter.com/jasonrissman (Twitter)

Subscribe to https://pod.link/1620915138 (Invested In Climate)
Released:
Nov 1, 2022
Format:
Podcast episode

Titles in the series (89)

Invested in Climate hosts conversations with leading thinkers to help our listeners do more to address the climate crisis through their Work, Investments, Learning, Lifestyle and Activism. People everywhere, communities, governments and all sectors of the economy are mobilizing to address climate change. The scale of this global action is unprecedented. Never before have so many people dedicated so much energy, creativity and capital to addressing a shared, global threat. Will it be enough? What else is needed? And, most importantly, what can you do? We all have a part to play, so let’s go.