DiCaprio Foundation to Award $15 Million for Environmental Causes

DiCaprio Foundation to Award $15 Million for Environmental Causes

The Leonardo DiCaprio Foundation has awarded grants totaling more than $15 million to sustainability and conservation projects around the world, Co.Exist reports.

Announced during DiCaprio's acceptance speech for the Crystal Award at the World Economic Forum in Davos, Switzerland, the grants will support ongoing projects to expand marine and land reserves, protect endangered species, and empower indigenous communities to fight back against corporate encroachment on their lands. The grants include $6 million to Oceana and Skytruth for Global Fishing Watch, a technology platform that leverages satellite data to improve the monitoring of overfishing; $1 million to the Nature Conservancy for its Seychelles debt-for-nature swap project; and $3.2 million to Rainforest Action Network and Haka to protect the last remaining rainforests on the Indonesian island of Sumatra.

In addition, the foundation awarded $3.4 million to Clearwater and the Ceibo Alliance in South America in support of efforts to stop rampant oil extraction activities that are poisoning indigenous lands and communities, and $1.5 million to the Solutions Project to promote clean energy projects in local communities.

"We simply cannot afford to allow the corporate greed of the coal, oil, and gas industries to determine the future of humanity," said DiCaprio. "Those entities with a financial interest in preserving this destructive system have denied — and even covered-up — the evidence of our changing climate. Enough is enough. You know better. The world knows better. History will place the blame for this devastation squarely at their feet."