From Justice Funders: In 2020, philanthropic institutions in the U.S contributed over 13 times the amount of money to extractive global stock markets as they did to all of their grantmaking focus areas (Source: Climate Justice Alliance).
In response to this horrific imbalance of capital allocation in philanthropy, movement and philanthropic leaders came together to develop a Just Transition Investment Framework that offers a strategy for how philanthropies can shift capital and power to frontline BIPOC communities who are building local regenerative economies.
A Just Transition investment strategy requires philanthropic assets to be divested from the dominant financial system and instead redirected into movement-led, community-controlled institutions that build economic power and self-determination.