Doris Duke Charitable Foundation Commits $100 Million to Climate Change Effort
Doris Duke Charitable Foundation Commits $100 Million to Climate Change Initiative
The Doris Duke Charitable Foundation in New York City has announced a new grantmaking initiative to help build a clean-energy economy that reduces the threat of global climate change to people and the environment.
To find practical approaches to reducing carbon emissions, the five-year Climate Change Initiative (2 pages, PDF) will award up to $100 million to nonprofits, research institutions, and universities working to develop policies and technologies that lead to a clean-energy economy, with roughly two-thirds of the total supporting efforts designed to encourage rapid deployment of existing clean-energy technologies and spur development of new technologies.
In addition, the foundation will support analytical efforts to design optimal pricing policies for greenhouse gas emissions, and will support efforts to help society adapt to a warming climate. Grants will also support efforts to assess the scale of the threat from climate change and identify adjustments that can mitigate the negative effects of a warmer planet.
According to DDCF president Joan Spero, the future health of every field it supports is in jeopardy. "If we continue to build inefficient buildings and polluting power plants — large infrastructure projects that will last for decades — we will lock ourselves into years of high carbon emissions. The good news is there are a number of pragmatic policy and technology solutions we can implement now to keep our options open for dealing with climate change in the future."
“Foundation Creates $100 Million Climate Change Initiative.”
Doris Duke Charitable Foundation Press Release
4/09/07.
Primary Subject: Environment
Location(s): New York, New York City
FC010318
| 
print
e-mail
