Articles by Adam Fraser
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Guest Articles
Thursday
October 1
2026Parked Capital is a Missed Opportunity: Why Donor-Advised Funds Should be Funding Climate Businesses Now
If philanthropic capital is waiting for a rainy day to address climate change, it’s already pouring. But according to Adam Fraser at Terraset, instead of supporting solutions to this challenge, a significant source of funding is either lying dormant — or actively contributing to the problem. As he explains, Donor-Advised Funds (DAFs) are sitting on over $327 billion in capital: money that was already gifted to a charitable entity and earmarked for the public good. That money is invested in the market, growing tax-free, and sometimes even financing high-emission sectors like the fossil fuel industry, while innovative startups struggle to fund carbon removal and other climate solutions. He explores the sort of impact this funding could make if it were mobilized, and argues that the time to deploy it is now.
- Categories
- Energy, Environment, Investing
