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India's ambitious goal of becoming a developed nation by 2047 has led to a rise in philanthropic efforts to help the country meet that goal, the New York Times reports.
In fact, climate philanthropy is on the rise in the country, with the Rockefeller Foundation reporting that India's first-generation wealth-creators, or "NowGen," are now more interested in climate issues than they have been in the past, with 34% of them surveyed saying they were interested in climate action.
"In adopting these approaches, Indian philanthropy can match the ambition the government has set for itself on green growth and sustainable lifestyles," the Times of India quotes the president of the Rockefeller Foundation as saying.
Some examples of climate philanthropy in India include the Rainmatter Foundation, which works to build a healthier environment, and Spectrum Impact, which focuses on sustainable development through strategic investments and partnerships.
The Times notes that India's ambitious goal has led to some skepticism about the country's ability to meet it, but the government has been working with business leaders and philanthropists at the Business and Climate Philanthropy Forum at COP27 to create a more data-integrated climate decision-making process in the country.
(India is one of the world's most carbon-intensive countries
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