Driving Climate Finance and Nature Initiatives through Philanthropy

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The chapter highlights the role of philanthropy in advancing climate finance and nature initiatives, focusing on a $10 billion investment plan by 2030 dispersing $2 billion towards nature and climate actions. It emphasizes the need for coordinated efforts among organizations to address climate change, biodiversity loss, climate resilience, and adaptation in the 21st century.

In this episode of the ESG Insider podcast, we talk with Paul Bodnar, Director of Sustainable Finance, Industry and Diplomacy at the Bezos Earth Fund, about solving the finance gap for climate and nature.

The Bezos Earth Fund was created in 2020 with a $10 billion commitment from Jeff Bezos, founder of e-commerce giant Amazon. The fund aims to disperse that $10 billion in grants by 2030 to fight climate change and protect nature.

Paul talked to us on the sidelines of the GreenFin conference in New York about how to increase innovation and investments in nature, food systems, and climate change.

"What really drives fast, deep and broad change in the global economy is markets. Finance, technology, business model innovation — those things spread like wildfire. And so we have to activate those vectors in service of climate action," Paul says.

Listen to our interview with Sagarika Chatterjee, Climate Finance Director and Finance Lead for the UN Climate Change High-Level Champions here: https://www.spglobal.com/esg/podcasts/how-ai-could-solve-the-data-challenge-for-climate-nature-and-the-energy-transition

GreenBiz Group hosts the GreenFin conference and S&P Global Sustainable1 is a sponsor.

This piece was published by S&P Global Sustainable1, a part of S&P Global.

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