At the close of the Global Climate Action Summit in San Francisco (September 14, 2018) twenty-nine foundations signed a communique heralding the “largest climate-related philanthropic commitment ever made.” The foundations pledged $4 billion (over 5 years) to the Catastrophic Anthropogenic Global Warming (CAGW) campaign. Nat Simons, Sea Change Foundation co-founder, hastened to add:
“The multi-billion commitment announced today is only a down payment.”