Originally published in Inside Philanthropy on October 12, 2015.
Billionaires, we’d like just a moment of your time.
No, not you David Koch or John Paulson, this probably isn’t your kind of thing. We’re talking to a specific set of business titans, here—you guys who have more than a billion in the bank, have pledged to give most of it away, and are deeply concerned about climate change.
Namely, we’re talking to Mike Bloomberg, Eric Schmidt, Tom Steyer, Jeff Skoll, and Paul Allen. Here’s our idea. Sorry, we don’t have a slide deck.
The Elevator Pitch
You five have made it clear that you know climate change is a serious and imminent threat. We’re at a pivotal moment for action and curbing the worst effects, but things aren’t happening fast enough. Collectively, you have unique access to many billions of dollars, plus you’ve publicly committed to giving most of it away before you die. Some of you are already funding climate change efforts in a big way. But you all need to go bigger. We want you to give at least 10 percent of your wealth to fight climate change in the next five years, start a historic movement, and help save the world.
We recognize that is a big ask. For Mike Bloomberg alone, that’s a $3.8 billion check. But this is a big problem, an existential threat the likes of which neither philanthropy nor industry have ever encountered before…
And the first post in this series on Climate Change and Philanthropy: Dear Climate Funders: The Clock is Ticking. Use Your Endowments