The 140 foundations, family offices and charities of Divest-Invest Philanthropy were awarded the 2016 Nelson Mandela-Graca Machel Innovation Award for Brave Phil philanthropy.
CIVICUS, an international civil society alliance based in South Africa, hosted the awards ceremony in Bogota, Colombia.
The movement was a primary driver of success at the climate talks in Paris last December, the UNFCCC said.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.