THE STATE OF GLOBAL AIR QUALITY FUNDING 2022

It provides an overview of funding flowing to projects that tackle air pollution between 2015 and 2021 from two sources: international development funders and philanthropic foundations.a The report identifies gaps and opportunities within the clean air funding landscape, examining how funding compares to the scale of the global air pollution crisis and to funding provided to fossil fuel prolonging. [...] The State of Global Air Quality Funding 2022 9 THE BENEFITS THAT CLEAN AIR CAN DELIVER The cost of cleaning up our air pales in comparison to the benefits of action: the financial value of the health benefits derived from better air quality are expected to exceed the costs of meeting Nationally Determined Contributions ($7.5 trillion) submitted under the Paris Agreement.7 Policy makers must consid. [...] “The financial value of the health benefits derived from better air quality is expected to exceed the costs of meeting Nationally Determined Contributions (NDCs).” The State of Global Air Quality Funding 2022 10 BOX 1.1: AIR QUALITY AND THE SUSTAINABLE DEVELOPMENT GOALS Improving air quality directly supports the achievement of several of the UN’s Sustainable Development Goals (SDGs). [...] ANNUAL FOUNDATION FUNDING BY REGION, 2015-2021 The low level of funding to air quality projects in Africa and Latin America are not consistent with wider foundation funding trends which see Sub-Saharan Africa and Latin America receive some of the largest flows of funding.34 This suggests a lack of awareness of the size of the air pollution problem, or that the small share of total foundation fundi. [...] Residents of the primarily black communities that live there breathe some of the most toxic air in the country, and as a result suffer high rates of cancer and mortality from COVID-19.41 The social injustice of the air we breathe is exacerbated by the fact that poverty and existing health inequities act to worsen the health and social impacts of air pollution.