Climate funding report shows 450 foundations with $31B in assets are accelerating investments

The inaugural State of the Movement Report by WINGS and Philea highlight how 450 foundations are successfully advancing their earlier climate pledges. This global coalition wields significant financial leverage, representing over $5 billion in annual spending and at least $31.8 billion in managed endowments across 30 countries. Nearly 75% of movement signatories have transitioned past symbolic intentions into mainstream practice. While internal operations and staff education serve as successful entry points, shifting investment capital remains a hurdle: 36% report zero action on endowments, though 95% of active asset-holders are beginning to realign portfolios.