The purpose of the Children's Climate Foundation is to promote children's contributions to environmental and climate work in Sweden and internationally.
The foundation is politically and religiously neutral. Every year, the foundation awards SEK 100 000 to each winner.
The founder of Children’s Climate Foundation is the Swedish renewable energy company Telge Energi, who also initiated Children's Climate Prize in 2016. As of 2020, the Children's Climate Foundation will annually award the prize. The foundation has a long-term perspective and makes it possible for others to partner in the initiative.