GRANTMAKING

Climate Arc provides grants to projects and organizations that make a significant contribution to supporting investment aligned to net zero by 2050, helping to bridge the gap between financial institutions and companies in the real economy.

We support the development and scaling of solutions such as datasets and platforms, toolkits, frameworks, standards, training, and engagement to help align the financial decision-making of corporates and financial institutions with global climate goals.

We look for strong teams and bold ideas capable of delivering these solutions.

WHAT WE LOOK FOR

We are particularly interested in funding organisations and projects that:

  • Have strong links to rigorous climate science and to the financial sector.
  • Demonstrate evidence of meaningful potential impact (i.e. making a dent in global emissions if successful).
  • Address a significant piece of the climate puzzle.
  • Are committed to transparency and open data principles.
  • Have strong teams with a track record and the right skills to get the job done.

Any type of organisation will be eligible to apply for funding from Arc. Most of the organisations we fund will be non-profits but we are also open to funding social enterprises or commercial entities which uphold common principles of providing public goods. The organisations that we fund can be based and have project operations in any country.

CURRENT GRANTEES

Here is some of the work we’re supporting through our first grantees:

  • InfluenceMap
    Holding Companies Accountable on Climate Policy Engagement (LobbyMap)
    Climate Arc is funding Influence Map’s LobbyMap initiative which tracks the policy influence corporates, financial institutions, and industry associations engage in for and against climate policies. The goal of this work is to make transparent the corporate influencing against climate policies so that investors, policymakers, and other influencers can act to align climate policy with climate commitments. Lobby Map’s data and analysis provides essential information about whether companies are being consistent between their climate commitments and the policies they support and oppose.

  • TPI Global Climate Transition Centre
    Arc is providing multi-year funding to support the TPI Centre, an independent, authoritative source of research and data on companies’ progress in transitioning to a low-carbon economy. Based at the London School of Economics and Political Science, the TPI Centre is scaling up key accountability tools and benchmarks that track the delivery and robustness of corporate commitments and transition plans. This informs investor decision making, including voting, board director elections and the financing of corporate and government debt.  
  • Science Based Targets initiative (SBTi)
    The SBTi defines and promotes best practice that enables corporates and financial institutions to set emissions reduction targets in line with climate science. it is a partnership between the World Resources Institute, CDP, the United Nations Global Compact and the World Wide Fund for Nature. Our grant is supporting SBTi in its collaboration with the Net Zero Insurance Alliance (NZIA) to develop target-setting methods, validation criteria and guidance to enable the insurance industry to set near-term and long-term science-based net zero targets. This work builds on NZIA’s work with the Partnership for Carbon Accounting Financials on measuring emissions associated to insurance underwriting portfolios.
  • RMI
    PACTA 2.0
    Climate Arc is providing a grant to RMI for the Paris Agreement Capital Transition Assessment’s (PACTA) tool that helps financial decision-makers bridge the gap between their net-zero commitments and real-world investment decisions. PACTA has already proved useful in assessing the asset level data of portfolios, albeit the tool needs to be revamped. This grant will enable RMI to undertake the scoping, development and launch of PACTA 2.0. Over the period covered by the grant, PACTA will conduct a needs assessment among key PACTA users, develop iterative versions of the tool for each user group, test new version of the tool and launch PACTA 2.0.

APPLICATION PROCESS

We are currently building our grantmaking architecture and raising additional funding.

At this time, Arc provides grants on an invitation-only basis. Once past our initial screening process we will invite potential grantees to submit a proposal and a budget to be reviewed by our grantmaking committee.

We will begin actively sourcing applications starting from early 2023. Please come back for more information soon.

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