Peter Gilgan Foundation commits $100M to solving climate change
Nine Canadian families and foundations, including the Peter Gilgan Foundation, have announced the largest philanthropic contribution to climate solutions in Canadian history. The partners pledged $405 million over the next ten years for efforts to solve climate change.
The unprecedented funding commitment includes $150 million from the Trottier Family Foundation, $100 million from the Peter Gilgan Foundation, $18 million from the Ronald S. Roadburg Foundation, $15 million from the Chisholm Thomson Family Foundation, $10 million from David Keith and Kirsten Anderson, $6 million from the Sitka Foundation, $5 million from the Vohra Miller Foundation and $1 million from Allan Shiff, in addition to $100 million that was re-committed today by the Ivey Foundation.
“Climate change is impacting our lives more than ever. We are proud to be a part of this historic effort and invite all Canadian philanthropists to join us in stepping up to support climate solutions”
Luke Gilgan, board member for the Peter Gilgan Foundation
The announcement gives a major boost to climate-focused philanthropy in Canada, which recent analysis shows makes up only 0.9%of total philanthropic giving in Canada, well below the global average of 1.6%. The new commitments were made through the Climate Champions initiative, coordinated by Clean Economy Fund, which has the goal of tripling climate philanthropy in Canada from roughly $100 million to more than $300 million per year by 2030.
The timing is impeccable, as the announcement comes just as global leaders meet in Baku, Azerbaijan for the annual United Nations climate meetings, where scientists have renewed their warnings of a fast-warming planet. Canada has meanwhile struggled since 2005 to bring its climate emissions down and to make the leap to a low-carbon economy.
The Peter Gilgan Foundation is proud to be part of this momentous commitment to halting climate change.
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