Howden Foundation supports a new, people-focused climate fund

Did you know that extreme weather events, driven by climate change,  are the biggest risk the world faces over the next decade? 

Yet – despite the urgency - funding to support those most affected by these risks, including extreme heat and drought, is significantly lacking. In fact, the current funding deficit is estimated to be $359 billion per year. 

This is in spite of the fact that these impacts are happening now. More than 40% of the world’s population are currently facing water scarcity, and 2.4 billion people are at risk of extreme heat, which is costing half a million lives every year.

That’s why we’re proud that Howden Foundation has recently joined the ‘Adaptation and Resilience Fund’ (A&R Fund), alongside other founding partners – Quadrature Climate Foundation, Laudes Foundation and The Rockefeller Foundation.

This new fund – which was launched in response to a call-to-action by the United Nations Secretary General last year - will channel more than $50 million towards locally led adaptation solutions that address climate-related risks such as extreme heat, floods and droughts. 

Led by ClimateWorks Foundation, the fund will provide the people and communities most impacted by climate change with the funds, tools and agency they need to act in the face of increasingly devastating climate impacts, focusing on shifting resources and power to those most in need, at the time when they need them the most.  

As a next step, ClimateWorks will be launching two Requests for Proposals later this year, seeking new ideas to support those most impacted by these challenges, focusing initially  on extreme heat responses in urban areas in South Asia, Southeast Asia and sub-Saharan Africa.