21 December, 2015

Climate Institute fights for survival as philanthropic funds exhausted


A leading think tank and lobby group on climate change is fighting for its survival after the multimillion-dollar support of its primary benefactor ran out.

The Climate Institute, which has become one of Australia's most prominent environment and climate groups since being set up through a bequest in 2005, suffered a 62 per cent fall in revenue last financial year.

It came at the end of a decade of backing from foundations run by Rupert Murdoch's niece Eve Kantor and her husband, farmer Mark Wootton, who created the institute with a goal of helping set Australia on a path to combating climate change.

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