Cisco Foundation this week announced that it is committing $100 million over ten years to address the growing climate crisis.
The Foundation’s endowment is funded by Cisco. This commitment will fund nonprofit grants and impact investments that support bold climate solutions as well as community education and activation.
The Cisco Foundation’s commitment to spend $100 million over ten years aims to help address this gap by focusing its funding on:
Innovative and/or imaginative climate solutions that drive forward net zero or circular/regenerative economies. Community education and engagement around climate, eco-awareness, and working toward individual habit change and effective collaborative action.
Cisco said it will work closely with the organizations receiving funding to measure and report on the impact of their programs.
The Cisco Foundation’s approach is built on an existing, proven model of funding early-stage solutions with high-potential for sustainability and scalability.
Peter Tavernise, Executive Director of the Cisco Foundation
Today’s commitment will build on the Foundation’s approach to funding that drives meaningful impact by supporting early-stage, technology-based solutions with the potential to scale and be sustainable.
Fran Katsoudas, Chief People, Policy & Purpose Officer, Cisco
We will continue to work towards reducing our carbon footprint while creating innovative products and business models that drive forward sustainable and climate conscious solutions.
