Philanthropic Strategies

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TITLE PAGE
Philanthropic Strategies to Fight Global Warming
Philanthropy Roundtable November 8, 2007
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ENERGY FOUNDATION PARTNERS
Foundations (7) 50 million per year

• The William and Flora Hewlett Foundation
• The David and Lucile Packard Foundation
• The Doris Duke Charitable Foundation
• The McKnight Foundation
• The MacArthur Foundation
• The Pew Charitable Trusts
• The Mertz Gilmore Foundation
• Kate Greswold
• Randi and Robert Fisher
• Noel and Claire Perry
• Wendy and Eric Schmidt
• Elizabeth Simons and Mark Heising
• Nat Simons and Laura Baxter-Simons

Individuals (6) 10 million per year
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VISION New Technology Can Solve Global Warming.
Energy efficiency and renewable energy enable
economic growth with dramatically less pollution.
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Strategic Premise

• NEW TECHNOLOGIES can solve global warming.
• POLICY SHAPES ENERGY MARKETS, driving billions in
  public and private investments.
• TARGETED PHILANTHROPIC INVESTMENT CAN CHANGE
  POLICY, accelerating clean technology adoption.

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Case Study Wind Power
The United States is the fastest-growing market
in the world for wind power.
- António Mexia, CEO of Energías de Portugal
State policies driving 30 billion market Created
and promoted by NGOs
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Climate Change A Philanthropic Imperative

• Climate is ideally suited for philanthropy.
• Invest in solutions to address the underlying
  challenge reinventing the energy industry.
• Develop and promote policy change
• Build public support

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States Leading On Global Warming
Regional Greenhouse Gas Initiative members

Western Climate Initiative members and observers
Additional states with climate plans (recently
completed or in process)
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Why Now?

• Warming of the climate system is unequivocal.
• Timing, magnitude of impacts uncertain - but
  early indications are worrisome.
• The world must turn around the carbon curve
  between now and 2020-2030.
• IEA 20 trillion to be invested in new energy
  supplies by 2030.
• States are the laboratoriesof democracy.

Low water at Hoover Dam, 2007
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The worlds premier risk analysts

• We believe that the long-term stability of our
  economy depends on an appropriate response to
  climate change
• We support national and global emissions
  reduction targets
• We support government action, including
  regulation.
• ClimateWise, a group of 38 major insurers

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Californias Boldest Move AB 32
Source Schwarzenegger Climate Action Team
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Already Greener than the Rest
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California Efficiency History of Success
Efficiency average cost 2-3/kWh 5.3 billion in
net benefits in last 10 years
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California Clean Cars - Sweeping the Nation
gt30 of market gt150 MtCO2/yr by 2030 30 carbon
reduction by 2019 25B net consumer savings in
2020
Biggest driver worldwide for new technology
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Driving Cleantech Investment

• California secured 2.1 billion, or 26 percent
  of the total clean technology funding for North
  America (2001-2006).
• 91 percent of venture capitalists say
  pro-environment policies are a significant
  factor.

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Priorities

• Put a price on carbon
• Drive investment in low-carbon technologies
• Prevent investment in high-carbon technologies
• Gain experience with a range of policies
• Win federal policy
• Secure international policy

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TITLE PAGE
Can We Scale? Design To Win Study

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Prioritizing Worldwide Philanthropic Strategies
for Global Warming
JOINT STUDY DESIGN TO WIN
Energy Foundation Hewlett Foundation Packard
Foundation Oak Foundation Doris Duke Charitable
Foundation
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THREE PHASES
Define Win Scenario Meta-analysis of Science
Formulate Solutions Packages Policy,
Finance,Education
Prioritize Philanthropic Investment
Options Carbon avoided/ invested
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THE WIN 50 REDUCTION BY 2030
2030 emission reduction potential by sector
GtCO2e
2030 BAU emissions
Power
Industry
Buildings
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Transport
Forestry
Agriculture
Waste/
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Unidentified
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Target
2007
2030
Sources IPCC and USEPA, 2006 (2030 potentials)
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PRELIMINARY CONCLUSIONS

• WE CAN DO THIS, but we have to move fast and on a
  huge scale
• FOCUS ON U.S, EU, CHINA, INDIA, 40 of
  mitigation potential
• AVOID LOCK IN of long-lived assets like coal
  fired electric power plants, inefficient
  buildings and inefficient industrial
  infrastructure.