Canadian Philanthropists Pledge Record $405M for Climate Action 🇨🇦🌎
Together, these leaders are helping set Canada’s ESG agenda by pushing climate goals to the forefront of philanthropic priorities.
Canada’s Climate Game Just Got a Mega-Boost! 🌍✨
Get ready, Canada’s climate game just got a mega-boost! Nine powerhouse Canadian families and foundations have just rolled out a jaw-dropping $405 million pledge over the next decade to tackle climate change head-on through the new Climate Champions initiative. Yep, that’s right—this is Canada’s largest-ever philanthropic splash for climate, and it’s all about turbocharging the nation’s shift to a low-carbon economy. Think of it as the Avengers of Canadian philanthropy, only their mission involves electrifying school buses instead of saving New York (we’re all rooting for them).
Leading the green charge is the Trottier Family Foundation, shelling out a cool $150 million. Right behind them, the Peter Gilgan Foundation and the Ivey Foundation each threw down $100 million. Other notable contenders include the Ronald S. Roadburg Foundation, Chisholm Thomson Family Foundation, and a slew of other philanthropic dynamos, all on a mission to crank Canadian climate philanthropy from about $100 million a year now to a blockbuster $300 million annually by 2030. 🌱 Together, these leaders are helping set Canada’s ESG agenda by pushing climate goals to the forefront of philanthropic priorities.
This colossal climate checkbook is managed by the Clean Economy Fund, which is encouraging more Canadian donors to go green by adopting a “philanthropy with a climate lens” approach. Eric St. Pierre, Executive Director of the Trottier Family Foundation, nailed it: “We cannot afford to continue doing ‘philanthropy as usual’ without adopting a climate lens,” he told The National Observer. Translation: these funds aren’t just for pet projects—they’re for a full-scale reboot to make sure the Canada of tomorrow actually has a tomorrow.
From electric school buses to nationwide clean energy projects, the Climate Champions initiative is designed to power the kind of ambitious, no-time-to-waste solutions that Canada needs. This all-in climate commitment from Canada’s top philanthropists is a call to action and a bright green signal flare for a more sustainable future. Canada’s climate philanthropy just set a seriously high bar—and it’s about time. 🌍✨
Grants distributed by the federal government in Canada can be viewed by the public in the Open Canada Portal.
Sources 📚
- Arsenych, Alex. "More than $400 million pledged by nine foundations to help solve climate change in Canada." CTV News, November 13, 2024. https://toronto.ctvnews.ca/more-than-400-million-pledged-by-nine-foundations-to-help-solve-climate-change-in-canada-1.7109577.
- "Become a Champion." Climate Champions, accessed November 14, 2024. https://climatechampions.ca/#become.
- Snieckus, Darius. "Canadian philanthropists pledge record $405 million to climate solutions." National Observer, November 13, 2024. https://www.nationalobserver.com/2024/11/13/news/canadian-philanthropists-record-405-million-climate-solutions.
Edited by Chris Harris
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