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CleanTechies

#160 Climate Philanthropy, Reducing Carbon Removal Cost, Anti-GHG, & More w/ Adam Fraser (Terraset)

Feb 29, 2024
Topics include challenges in philanthropic investment in climate, importance of carbon removal, transitioning from journalism to philanthropy, efficiency and scalability of philanthropic capital, donor profiles and funding sources, genesis of Terraset and the 'anti-GHG' approach, and optimism and urgency for the future.
52:47

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Quick takeaways

  • Philanthropic support for climate initiatives is disproportionately low, with less than 2% of donations allocated to carbon removal efforts.
  • Teraset's approach empowers individuals to take personal responsibility in funding carbon removal, driving revenue into the sector and supporting innovative companies.

Deep dives

Addressing Climate Funding Disparities

Less than 2% of philanthropic donations focus on climate initiatives, with a fraction allocated to carbon removal efforts. Despite the critical importance of climate action, philanthropic support remains disproportionately low. Adam Frager's organization, Teraset, tackles this issue by catalyzing permanent carbon removal using philanthropic capital, highlighting the urgent need for increased funding in this vital area.

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