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Philanthropy & Investors Commit $21.5 Million to Support Global Action on Fertilizer

Philanthropy & Investors Commit $21.5 Million to Support Global Action on Fertilizer

SHARM EL-SHEIKH, Egypt – November 12, 2022 – As the United States and other partners announced funding commitments to the Global Fertilizer Challenge (GFC), a group of leading philanthropies and investors, including ClimateWorks Foundation, the Grantham Foundation, S2G Ventures, the Walton Family Foundation, and the William and Flora Hewlett Foundation, among others, announced a commitment of $21.5 million to improve how fertilizer is made and used.

Commenting on the commitment on behalf of the group of philanthropic funders Jonathan Pershing, program director of environment at the William and Flora Hewlett Foundation, said:

“Farmers grow the food that keeps our communities strong, but the production, use, and lack of access to fertilizer are expensive and contribute to the climate, food, nature, and energy crises. To better support farmers, bolster global food security, and reduce greenhouse gas emissions, philanthropies and investors have come together to commit $21.5 million to improve how fertilizer is made and used. Our commitment will complement efforts catalyzed through the Global Fertilizer Challenge. We will work together to invest our aligned funding through an independent, stakeholder-led process contributing to improvements at the intersection of the agriculture, industry, and energy sectors.”

About ClimateWorks Foundation

ClimateWorks Foundation is a global platform for philanthropy to innovate and accelerate climate solutions that scale. We deliver global programs and services that equip philanthropy with the knowledge, networks, and solutions to drive climate progress. Since 2008, ClimateWorks has granted over $1.3 billion to more than 750 grantees in over 50 countries.

Published November 12, 2022

Media Contact

Jennifer Rigney

jennifer.rigney@climateworks.org