Divestment activists in Boston. Credit: Demotix/Paul Weiskel. All rights reserved.
The Chicago-based MacArthur Foundation recently announced that it’s giving $50 million towards curbing global climate disruption by significantly reducing greenhouse gas emissions. Great news right? Maybe, or maybe not—this amount is tiny when compared to the scale of the problem, so it all depends on how the resources are utilized in practice. And on that question, the Foundation’s strategies reveal the ongoing limitations and contradictions of conventional philanthropy.
