Climate Change Fund
Impact overview
Mar 2026 – Jun 2026From March through June 2026, the Climate Change Fund's portfolio delivered a concentrated burst of research, policy wins, and field-building milestones. Project InnerSpace headlined CERAWeek with its inaugural Geothermal House activation, announced a landmark XPRIZE partnership, and launched a first-of-its-kind geothermal roadmap for India with hundreds of attendees in New Delhi. Clean Air Task Force secured a major grid policy win in Washington State, supported $267 million in Pennsylvania industrial decarbonization awards, expanded its Fossil Fuel Regulatory Programme to three new countries, and presented methane solutions to King Charles at St James's Palace. The Good Food Institute marked its 10-year anniversary, released its 2026 State of the Industry reports, and highlighted over $24 million in cumulative research grants spanning 129 projects across 25 countries — a field-defining body of work generating $75 million in follow-on funding.
Themes
Project InnerSpace and CATF together drove geothermal energy from niche to mainstream — through CERAWeek activations, state ecosystem reports, the India roadmap, bipartisan U.S. Senate legislation, and the Dubrovnik Geothermal Declaration. This theme was the most dynamic of the period.
GFI anchored this theme through its 10-year anniversary reflection, 2026 State of the Industry reports, Research Grant Program milestones, and new grant programs targeting early-stage researchers in the U.S. and Canada. Cumulative metrics — $24M awarded, 129 projects, $75M in follow-on funding — underscore a maturing field.
CATF's methane work spanned field inspections in southern France (finding two-thirds of sites emitting), coalition letters defending EU methane rules, a royal audience at St James's Palace, and expansion of its Fossil Fuel Regulatory Programme to Egypt, Brazil, and Bosnia and Herzegovina.
CATF advanced CCS and industrial decarbonization through its Article 23 Watch program, the RISE PA awards ($267M across 31 Pennsylvania projects), and engagement with EU co-legislators on the Industrial Accelerator Act. This theme was consistent across the full period.
CATF's Nuclear Scaling Initiative introduced a Reactor Selection Tool comparing 35 reactor designs, and the organization co-convened a Superhot Rock Geothermal Summit with the Bezos Earth Fund. New modeling showed California could save up to $44 billion annually by 2045 through next-generation geothermal investment.
CATF's Central and Eastern European Fellows program launched its 2026 cohort of 14 fellows from 10 countries, while the Dubrovnik Geothermal Declaration and Africa utility roundtable extended the portfolio's global policy reach. GFI's MOU with the Climate Bonds Initiative added a sustainable finance dimension.
Milestones
CATF expanded its Fossil Fuel Regulatory Programme to Egypt, Brazil, and Bosnia and Herzegovina, now supporting up to 20 developing-country governments on methane emissions reduction.
June 2026
Project InnerSpace launched 'The Future of Geothermal in India' with CEEW and 12+ local partners at a New Delhi event drawing hundreds of attendees.
May 2026
GFI's Research Grant Program reached a cumulative milestone of over $24 million awarded to 129 projects across 25 countries, generating $75 million in follow-on funding.
May 2026
CATF's RISE PA program supported $267 million in awards for 31 industrial decarbonization projects across Pennsylvania covering steel, cement, and manufacturing.
April 2026
Project InnerSpace debuted its Geothermal House at CERAWeek, drawing thousands of attendees across four days and hosting U.S. DOE leadership, startup showcases, and capital market sessions.
March 2026
GFI celebrated its 10-year anniversary, noting that governments worldwide have invested over $2 billion in alternative protein public funding catalyzed in part by GFI's work.
March 2026
Project InnerSpace and XPRIZE announced a landmark collaboration to design the world's first geothermal incentive prize focused on surface power plant systems.
March 2026
Washington State passed SB 6355 creating the Washington Electric Transmission Authority, a major clean energy grid policy win supported by CATF advocacy.
March 2026
Monthly snapshots
Summary
In June 2026, the Good Food Institute and Clean Air Task Force advanced their respective missions through a dense mix of research publication, policy advocacy, and stakeholder convening. GFI published its 2025 plant-based retail market overview, launched the Advancing Alternative Proteins Planning Grants program, and supported the debut of cultivated salmon at a Michelin-star venue, while CATF presented methane reduction solutions to King Charles at St James's Palace, expanded its Fossil Fuel Regulatory Programme to Egypt, Brazil, and Bosnia and Herzegovina, and co-convened the 2nd Superhot Rock Geothermal Summit with the Bezos Earth Fund. Across both organizations, June saw significant cross-sector coalition-building — from a 28-organization letter defending EU methane rules to multi-stakeholder convenings on food biomanufacturing, fusion energy, and protein diversification in the Global South.
- CATF's Fossil Fuel Regulatory Programme expanded to Egypt, Brazil, and Bosnia and Herzegovina, now supporting up to 20 developing country governments on methane emissions reduction.
- CATF experts presented methane emissions reduction solutions to King Charles at a super-pollutant reception at St James's Palace during London Climate Action Week 2026.
- CATF joined 27 other organizations in a coalition letter urging the European Commission to hold the line against attempts to weaken the EU Methane Regulation.
- GFI published its 2025 plant-based retail market overview as an open-access resource covering sales, pricing, household penetration, and foodservice trends in the U.S.
- GFI launched the Advancing Alternative Proteins Planning Grants program, offering early-stage support to researchers in the U.S. and Canada.
- New CATF modeling found California could cut 2045 electricity costs by up to $44 billion per year by investing in next-generation geothermal energy.
In May 2026, three organizations advanced clean energy and food system innovation across multiple continents.
In April 2026, the Good Food Institute, Project InnerSpace, and Clean Air Task Force collectively advanced alternative protein innovation, geothermal energy deployment, and clean energy policy across multiple continents.