− | Currently, [https://www.edgefunders.org/wp-content/uploads/2022/04/Beyond-2-full-report.pdf less than 2%] of global philanthropy goes toward supporting organisations working on climate mitigation, with approximately 0.5% going to environmental initiatives in the Global South ([https://www.edgefunders.org/wp-content/uploads/2022/04/Beyond-2-full-report.pdf Edge Funders Alliance, 2022] & [https://www.oneearth.org/one-earth-project-marketplace/ One Earth 2023]). Of the philanthropy that is directed to climate, 95% of it is directed to white and overwhelmingly male-led climate advocacy groups ([https://thesolutionsproject.org/what-we-do/grantmaking/justice-equity/ Solutions Project, 2017]) & ([https://racialequity.org/wp-content/uploads/2021/09/0912_PRE_Mismatched_PR_11-1.pdf Philanthropic Initiative for Racial Justice, 2021]) and only 0.76% to youth climate movements ([https://youthclimatejusticestudy.org/why-youth-why-now-2/ Youth Climate Justice Study, 2022]). | + | Currently, [https://www.edgefunders.org/wp-content/uploads/2022/04/Beyond-2-full-report.pdf less than 2%] of global philanthropy goes toward supporting organisations working on climate mitigation, with approximately 0.5% going to environmental initiatives in the Global South ([https://www.edgefunders.org/wp-content/uploads/2022/04/Beyond-2-full-report.pdf Edge Funders Alliance, 2022] & [https://www.oneearth.org/one-earth-project-marketplace/ One Earth 2023]). Of the philanthropy that is directed to climate, white-led organizations received more than 80% of grants, while male-led organizations about 54% [https://www.climateworks.org/report/funding-trends-2023]. Youth-led climate justice initiatives are also severely underfunded. receiving only 0.76% of funding for climate mitigation globally ([https://youthclimatejusticestudy.org/why-youth-why-now-2/ Youth Climate Justice Study, 2022]). |