Mar 2018 – Dec 2018

Task force on philanthropic innovation in Paris implementation

To expand philanthropy’s role in the accelerated delivery of the Paris Agreement, including though the development of innovative partnerships.

$150,000 Grant Value

Other funders

  • Bill & Melinda Gates Foundation -

  • Bloomberg Philanthropies -

  • Craig and Susan McCaw Foundation -

  • Grantham Foundation -

  • Growald Family Fund -

  • Hewlett Foundation -

  • IKEA Foundation -

  • McCall McBain Foundation -

  • Oak Foundation -

  • Organisation for Economic Co-operation and Development -

  • Overlook International Foundation -

  • Sea Change Foundation -

  • Virgin Unite -

  • Willows Investment -

  • Agence Française de Développement -

  • UK - Department for Business, Energy and Industrial Strategy -

  • Canada - Department of Environment and Climate Change -

  • Germany - Federal Ministry for the Environment, Building, Nature Protection and Nuclear Safety -

  • Aga Khan Foundation (affiliated) -

  • The Rockefeller Foundation (affiliated)

Our planet is at a tipping point. Time is not on our side. Our atmosphere has not held this much carbon dioxide for over 600,000 years. Central to achieving the Paris Agreement on climate change is the need to align finance flows with a “pathway towards low greenhouse gas emissions and climate-resilient development.”

Philanthropies and governments, in particular, must work together to leverage and coordinate their different resources and tools to fight climate change. Some philanthropies are already playing a key role in mobilising support for climate-related activities around the world. Yet the potential to do more is immense. Less than 2% of global philanthropic resources are directed at climate change. That falls to 1% in the UK, and even lower elsewhere.

The Task Force, launched at the One Planet Summit in Paris in December 2017, is a partnership of 16 philanthropies and four governments – France, the United Kingdom, Germany, and Canada. The Task Force has formed four working groups, each co-chaired by one philanthropy and one government: Blended Finance, Renewable Energy, Air Quality, and Agriculture and Land Use. The working groups look at technology solutions, financing, policy environment, citizen engagement and advocacy, and are focusing on how to mobilise climate investment for effective solutions in pilot projects.

Impact

The Task Force has made significant progress since its launch in December 2017. It has been joined by two new philanthropic partners, as well as the Government of Germany. At the second One Planet Summit in September 2018, the Climate Finance Partnership – a flagship blended finance vehicle focused on climate-related investments in emerging markets – was announced.  This unique partnership brings philanthropies and governments together with BlackRock, the world’s largest asset manager. 


The renewable energy working group, under the co-leadership of CIFF and the UK, at the One Planet Summit announced a new coalition of philanthropies and governments to help accelerate the energy transition in South East Asia in partnership with countries from the region. This collaboration brings together all four Task Force government members with nine philanthropies to consolidate international support for the energy transition in South East Asia and help promote the right market conditions for the region’s thriving private sector to ramp up investment. The Air Quality and Agriculture & Land Use working groups are actively developing action plans and moving towards piloting collaborations in the first half of 2019.