NEW YORK (AP) — A group of financial donors committed to racial equity plans to announce Tuesday that it has secured at least $100 million a year to benefit minority groups who are disproportionately affected by extreme weather events.
The group, the Donors of Color Network, will also announce that 10 of the country’s top 40 donors to environmental causes have now signed at least part of a pledge the network established last year. The Climate Funders Justice Pledge commits donors to making their climate-related grants transparent and directing at least 30% of their donations to groups whose leaders are Black, Indigenous or other people of color.
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