Heinz Endowments has awarded over $2.3 million in an initial wave of emergency grants.
Additional funding is in the pipeline, says the foundation's president.
"We are dealing with a sweeping social and economic catastrophe unlike anything any of us has seen before," says Grant Oliphant.
"As a community, we must respond quickly and effectively to bring help," he says.
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Some of the biggest public companies in the United States, including Wal-Mart, Walt Disney Co., Microsoft, have adopted carbon pollution pricing strategies.