Financing the goals of the Paris Agreement requires significant re-allocation of capital at scale to unlock substantial investments and seize opportunities that would otherwise not be possible. The United Nations Environment Programme estimates we will need to spend up to $300 billion a year by 2030 to build climate resilience. Philanthropy has an important role to play in climate action, yet it's estimated that only 2% of philanthropic funds target climate mitigation globally.
South Pole has mobilised over USD 10 billion in climate investments with 80m tCO2 saved over the past 10 years by our climate action projects. We have developed over 700 emission-reduction projects in 40 countries in the areas of energy efficiency, transport, waste management, water, forestry, agriculture and other land use, climate-smart buildings, renewable energy, and many more. Our partners include community organisations, NGOs, non-profits, investors, landowners, technology providers, utilities, and corporations.