Network news
Embracing its role in facilitating philanthropic giving, the Fondation de Luxembourg launches the “Fondation pour le Climat” under its aegis to connect corporate donors with impactful local projects in the area of climate change and biodiversity.
Climate change is the greatest challenge facing humanity and is deeply intertwined with all other major global issues, such as poverty, increased inequalities, social tensions, and migration. Today, companies around the world are preparing for the transition to a future net-zero scenario by shifting the energy mix away from fossil fuels and toward zero-emission solutions, and by adapting industrial and agricultural processes.
In launching the Fondation pour le Climat under its aegis, the Fondation de Luxembourg takes a significant step toward bridging this funding gap by connecting corporate donors with research institutions and nonprofit organizations leading impactful projects in their respective fields. Driven by the donors’ ambitions, the foundation identifies meaningful projects in Luxembourg and the Greater Region, which are then evaluated by independent scientific experts.
At the time of its launch, the Fondation pour le Climat has signed a 3-year inaugural commitment with the group Indosuez Wealth Management. As pioneering funder, Indosuez is the first corporate donor to benefit from the foundation’s expertise in selecting projects that meet global goals for the sustainable transition.
The Fondation pour le Climat supports projects around three major themes: awareness-raising and education, scientific research, and biodiversity preservation. Donors to the Fondation pour le Climat rely on the Fondation de Luxembourg’s experience in identifying, pre-selecting and monitoring projects, as well as its local anchorage and well-recognized independence.
Now active, the Fondation pour le Climat will further the mission of the Fondation de Luxembourg to accompany donors wishing to support local projects in the general interest, now with an increased focus on climate change and biodiversity.