Skoll Foundation joins leading philanthropies to reduce global methane emissions

Today, a first-of-its-kind alliance of more than 20 leading philanthropic organizations, including the Skoll Foundation, announced a collective intention to fund more than $223 million to drastically reduce methane emissions around the world. The commitment builds on the diplomatic effort spearheaded by the United States and European Union’s Global Methane Pledge to reduce methane emissions by 30% by the year 2030 and limit warming to 0.2℃  by 2050.

“Solving our world’s climate crisis requires effort and collaboration from all of us across sectors. As a foundation committed to advancing climate solutions, we are proud to join this global coalition of funders and help to amplify actionable solutions to reducing methane emissions around the world.”

The commitment is the largest private pledge to reduce methane emissions globally and significantly boosts philanthropic resources allocated specifically to methane reduction. Funding will support and sustain action from civil society, government, and private industry, including in the 24 countries that have signed on to the Pledge by meaningfully investing in methane reduction solutions.

“Reducing methane is the single fastest action we can take to keep a 1.5°C future within reach,” said U.S. Special Presidential Envoy for Climate John Kerry. “In 2016, philanthropy committed fast start funding that helped us secure and implement the landmark Kigali Amendment on HFCs. Now they are stepping with over four times as much support for governments to deliver on the Global Methane Pledge to cut methane at least 30 percent globally by 2030.”

Learn more about how global philanthropy is coordinating to advance climate solutions at skoll.org.