Tracey Durning, Founding CEO of Energy Options Network (EON), is a systems entrepreneur who builds collaborative platforms that scale capital, knowledge, networks, and influence to achieve significant social impact. Working alongside a spectrum of stakeholders, she pursues nonprofit and for-profit pathways to that end.
She launched EON — focused on multiplying and accelerating transformative zero carbon technologies outside of the mainstream portfolio — when she was the Executive Director at Planet Heritage Foundation (PHF). At PFH she managed the grant-making and impact investments portfolio, as well as built its social enterprise startups, for over a decade.
Tracey was also a Founder of Aligned Intermediary (AI), an investment group created to help institutional investors — sovereign funds, pension funds, endowments, insurance companies, family offices, and foundations — increase the flow of private, for-profit capital into climate infrastructure projects and companies. In its first year, AI guided 250 million dollars into clean energy projects. In 2020, the AI team went on to launch a joint Aligned Climate Capital-Ares Management climate infrastructure fund which closed at $1.4 billion at the end of 2021. Another key product emerging from AI was the Climate Finance Partnership with BlackRock, Germany, France, and a consortium of philanthropies — an unprecedented cooperation of stakeholders committed to jointly developing an investment vehicle that aims to invest in climate infrastructure in emerging markets. Finally, she is a Co-founder of the Electrification Coalition, a nonpartisan group of industry leaders collectively committed to transportation electrification in the US at mass scale.
In marine conservation, Tracey is a Founder of Oceans 5, a global funders collaborative that seeks to protect the planet’s five oceans. Its core (but not exclusive) focus areas are increasing marine protected areas and restoring global fisheries. The organization gives new and experienced philanthropists an effective platform to collectively target their assets for greater impact and scale. There are currently twenty two Oceans 5 partners that deploy 20+ million dollars annually, as well as a handful of spinoff collaboratives targeting other issue areas such as plastics and sharks. Partners include Planet Heritage Foundation, Oak Foundation, Bloomberg Philanthropies, Waitt Foundation, Marisla Foundation, Moore Charitable Trust, Angell Family Foundation, Packard Foundation, Oceankind, Arcadia, Joy Family Foundation, the Tiffany & Co Foundation, and the Wyss Foundation.
As an animal lover to the extreme, she was also the Founding CEO of Target Zero (TZ), a group that mentors animal shelters across the US to zero euthanasia. Profiled in the New York Times, TZ mentored over 21 cities and counties to ‘no kill’ between 2013 and 2018, then launched a technology platform to supplement its hands-on mentorship and vastly increase its life saving efforts. In 2019, she gifted Target Zero to Maddie’s Fund—one of the biggest and best operational funders in the animal welfare space—to scale its operations and life saving efforts even further.
Tracey was featured in Barron’s magazine (Philanthropy: Getting the Most Bang For Your Buck) for her social impact work. As a former journalist/producer (ABC News, CBS News, CNN) and filmmaker (i.e. Executive Producer, Freedom Writers) she often drives the communications for the initiatives she builds.