Climate Group - Funding

Funding

The Climate Group states that it functions independently of any corporate and government entities. It funds its work from a variety of revenue streams. The organization's 2007-2008 Annual Report indicates that over 75% of its funding is from philanthropic donations, foundations and other NGOs, as well as from the philanthropic HSBC Climate Partnership.

Business and government members pay to be members of The Climate Group, and that funding accounts for approximately 20 per cent of the organization's operating budget. Many of its programmes are carried out in partnership with members, whose sponsorship is often the primary source of revenue for those individual programs (such as Together). The Climate Group states that overall strategy is driven by staff - sometimes in consultation with members - and approved by its board, and that there is no link between membership and governance of the organisation.

Read more about this topic:  Climate Group