Canadian philanthropists pledge record $405 M for climate solutions

Written By Peter Allan
Photo of a field of energy producing wind turbines

Photo: Karsten Würth via Unsplash

By Darius Snieckus

Nine families and foundations have pledged $405 million for climate solutions over the next decade, marking the largest philanthropic contribution to fight climate change in Canadian history.

The Climate Champions initiative will provide funding for innovative projects to drive climate action and the country’s transition to a low-carbon economy, the partners said in a joint statement.

“The time to act is now,” said Sylvie Trottier, board member for the Trottier Family Foundation, which pledged $150 million to the initiative.

"The climate crisis is the defining challenge of our time, and requires bold, collective action," Trottier said. "That's why my family is proud to step up with our multi-year commitment, our largest ever."

The initiative also received $100 million from the Peter Gilgan Foundation and a $100 million recommitment from the Ivey Foundation.

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Peter Allan
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