Larry Kramer, incoming President and Vice Chancellor of the London School of Economics (LSE), joins Alberto Lidji on the Do One Better Podcast to reflect on his 10+ years as President of the William and Flora Hewlett Foundation, discuss key lessons in philanthropy, and shed light on his aspirations for the LSE. The Hewlett Foundation is one of the world's largest philanthropic foundations and was a leading force in creating the field of climate philanthropy. Within the context of climate, we discuss collaboration; the progress that's been achieved in the field during the past decade; adaptation vs mitigation; investing vs divesting; shifting strategies from 'raising ambitions' to 'implementation'. Spoiler alert: the direction of travel on climate is positive. We explore the state of affairs in philanthropy and the key lessons Larry learned during his time as President of the Hewlett Foundation. Much ground is covered: from philanthropists' increased appetite for learning, experimentation, and collaboration; to encouraging journalists who cover the field of philanthropy to gain first-hand experience working in foundations; to trust-based philanthropy, and quite a bit more. We also hear of Larry's aspirations for the London School of Economics, which he describes as pretty much 'the' global institution unlike any other university, perfectly placed to leverage its social sciences prowess to tackle the world's most pressing problems. We learn what must be done to ensure the LSE achieves greatest impact. This episode will inform you and provide much food for thought. Please leave us a rating and a review. Join us every Monday for new and insightful conversations. Thank you for downloading this episode of the Do One Better Podcast. Visit our Knowledge Hub at Lidji.org for information on 250+ case studies and interviews with remarkable leaders in philanthropy, sustainability and social entrepreneurship.