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New York, NY, US
Vere Initiatives reposted this
The Ocean Resilience & Climate Alliance (ORCA) is mobilizing $300m in new funding for solutions ranging from safeguarding the Arctic to scaling community-led action in the Global South 👏 https://lnkd.in/g-VUVEZ3 Fantastic news from Oceankind , The David and Lucile Packard Foundation, Vere Initiatives , Builders Initiative, Bloomberg Philanthropies & others!
Vere Initiatives reposted this
A healthy ocean ecosystem is immensely important to the future of our planet, but ocean-based solutions are still largely ignored when it comes to providing critical resources and funding that can help mitigate climate change. Today, the philanthropic community came together and took a significant step toward progress with the formation of the Ocean Resilience and Climate Alliance (ORCA), which was announced at the Ocean Pavilion at COP28 UAE. ORCA has collectively committed more than $250 million to date to directly support ocean-climate research and solutions over the next five years that advance the role of the oceans in fighting climate change. This historic coalition brings together some of the world’s leading philanthropists who are motivated by the urgency of the climate crisis, inspired by the incredible organizations, communities, and changemakers working every day to protect and restore our oceans, and guided by the belief that collaboration is a powerful and essential tool to fight climate change. ORCA’s goal is lofty, but clear – we hope to drive more funding, more action, more solutions, and more change into the ocean-climate space. Peter Bryant and the Builders Initiative team have worked closely with Oceankind over the past two years to build ORCA, and we’re so humbled to anchor this effort alongside them. We’re also grateful to the other ORCA founding members who have joined this fight with us, including Ballmer Group, Bloomberg Philanthropies, The David and Lucile Packard Foundation, Gordon and Betty Moore Foundation, The Grantham Foundation for the Protection of the Environment, Oak Foundation, The Paul M. Angell Family Foundation, Rockefeller Brothers Fund, and Vere Initiatives. Check out the official announcement here: https://lnkd.in/gNhAHeAh You can also learn more about ORCA here: https://lnkd.in/ghJAa4tP #cop28 #climateaction #blueeconomy #oceanconservation #sustainability #climatechange