Fosters climate action and promotes a net-zero emissions society.
The annual budget is approximately €25 million, with project grants ranging from €375,000 to €750,000.
The European Climate Foundation (ECF) is a major philanthropic initiative dedicated to fostering climate action and promoting a net-zero emissions society in Europe and globally. Here is a summary of the organization: **Focus Areas:** - **Eight interconnected 'big bets'**: Fossil-free energy, European and national just transitions, Europe in the World, citizen engagement and cultural change, clean transport solutions, Europe’s industrial transformation, shifting the financial system, and land, food and nature. - **Sector Programs**: Land Use, Transport, Buildings, Industry & Innovation, Energy Systems & Coal, Finance, and Climate Planning & Laws. - **Country-specific initiatives**: Promoting climate action in various European countries and regions. **Financial Resources:** - **Annual budget**: Approximately €25 million (around $30.5 million), with a confirmed budget of around €36.3 million (approximately $44.5 million) for programs and expenditures in 2019. - **Funding sources**: Exclusively from philanthropic sources, including the William and Flora Hewlett Foundation, the Children’s Investment Fund Foundation, and the Rockefeller Brothers Fund. **Project Financing:** - **Typical project financing**: Varies, with grants ranging from €375,000 to over €750,000 for specific projects. - **Criteria for funding**: Projects must align with ECF’s strategic goals, such as promoting climate and energy-related policies that support a net-zero greenhouse gas emissions society by 2050. **Recent Projects/Organizations Financed:** - **Transport and Environment**, **BankTrack**, **Bankwatch**, **Energy and Climate Intelligence Unit**, **Climate Assembly UK**, **Friends of the Earth Europe**, **Carbon Market Watch**, **Seas at Risk**, **Clean Energy Wire**, **Climate Analytics**, **Agora Energiewende**, and **World Wide Fund for Nature (WWF)**. The ECF works with over 700 partners across Europe to drive climate action and build a greener, more peaceful, and democratic Europe.