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The Rockefeller Foundation plans to invest over USD 1 billion in the next five years to advance the global climate transition.
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Global Energy Alliance for People and Planet (GEAPP): The Foundation commits resources to support initiatives like the Battery Energy Storage Systems (BESS) Consortium, mini grid development in Zambia, and metro-grids in the Democratic Republic of Congo.
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Rockefeller Foundation allocates $35 million for climate-finance investments, including $5 million for grants, to accelerate nature-based solutions.It also allocates $20 million to Invest in Our Future (IOF) for accelerating climate-smart infrastructure.
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“The Foundation has made many big bets in its history, and we believe climate change’s threats and the climate transition’s opportunities—especially for the most vulnerable—justify what will be the biggest and most impactful bet in our history,” - Dr. Rajiv J. Shah, President of The Rockefeller Foundation.
