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Abstract
This review explores how philanthropy contributes to climate action in Atlantic Canada, a region facing threats from extreme weather events, rising sea levels, and scarcity of resources that impact local communities. While public and private sector funding is vital, philanthropy offers unique opportunities to support localized, innovative climate solutions. This review explores the current climate finance landscape, identifies the specific needs of Atlantic Canadian communities, and evaluates how philanthropic funding can bridge gaps in financing. It focuses on the impact of philanthropy on climate adaptation and mitigation efforts, emphasizing community resilience and sustainability. While philanthropy can drive positive change, challenges such as equitable resource distribution, fostering systemic change, and empowering marginalized communities must be addressed. Philanthropic organizations should transition from providing short-term, project-focused funding to supporting long-term, transformative initiatives. Collaborative partnerships between governments, businesses, and civil society are key to maximizing impact. Addressing these challenges and embracing innovative approaches will enable philanthropy to serve as a powerful catalyst for climate action, fostering a more environmentally stable future and able to withstand climate challenges for Atlantic Canada and beyond.
DOI
https://doi.org/10.31223/X5441D
Subjects
Social and Behavioral Sciences
Keywords
climate change, finance, adaptation, mitigation, governance, resilience
Dates
Published: 2025-01-18 01:10
Last Updated: 2025-01-18 09:10
License
CC BY Attribution 4.0 International
Additional Metadata
Conflict of interest statement:
Data sharing is not applicable to this article as no new datasets were generated or analyzed during the current study. This review is based on data from previously published studies, which are cited in the manuscript
There are no comments or no comments have been made public for this article.