Latest Podcast : What the election changes and doesn't change with CERES & Climate Cabinet, Ep #99
Kate Williams of 1% for the Planet and Jesse Simmons of CapShift are shining a light on climate philanthropy, impact investing, donor advised funds, and the importance of innovative partnerships that unlock more capital for climate. Tune in to learn more!
Kate Williams & Jesse Simmons
Tackling climate change can’t be left to companies and governments. The nonprofit sector plays a crucial role in everything from research, education, conservation, helping communities cope with climate impacts and much more. There’s literally tens of thousands of environmental nonprofits, and almost all depend on philanthropy to do the vital work they do.
And yet, only a tiny fraction of global giving goes to climate. That’s part of why Patagonia founder Yvon Chouinard set up an ambitious program called 1% for the Planet. The idea is simple really – companies donate 1% of their revenue to environmental nonprofits. Currently, over 5,000 companies have signed on.
Today’s episode focuses on an innovative new initiative that aims to significantly grow 1% for the Planet’s fundraising. The Planet Impact Fund is a partnership between 1% for the Planet, the National Philanthropic Trust and impact investing enabler CapShift that leverages potential of investment returns to increase philanthropic support. I was joined by Kate Williams, CEO of 1% for the Planet, and Jesse Simmons, a Managing Director at CapShift. Through our conversation, I learned a lot about climate philanthropy, impact investing, donor advised funds, and the importance of innovative partnerships that unlock more capital for climate. Hope you enjoy.