Patrizia Sandretto Re Rebaudengo

In the first part of our Italy art focus series, curated by Umberta Beretta, LUX speaks to Patrizia Sandretto Re Rebaudengo who founded her fondazione in Turin in 1995. Today, the extraordinary initiatives of Patrizia Sandretto Re Rebaudengo include transforming an abandoned Venetian island into a beacon for art and ecology

LUX: What was the first artwork you bought?
Patrizia Sandretto Re Rebaudengo: Anish Kapoor’s Blood Stone. It was on a trip to London in 1992 that changed my life.

LUX: What drives you to support art education?
PSRR: When we started in the 1990s, contemporary art received little attention in Italy. Education defines the fondazione’s identity and builds awareness of contemporary art in Italy. We offer a rich programme for schools, families and vulnerable people, and we train teachers. Our Young Curators Residency Programme sees three international graduate curators curate a joint exhibition from the work of artists they meet in Italy during a three-month stay. This develops curatorship and places Italian art in a global context. Campo is a similar course we have for Italian graduates.

A view of the Lucas Arruda exhibition at the Ateneo de Madrid

LUX: What are ArtColLab and Verso?
PSRR: ArtColLab is our non-profit project to produce collaborations between artists and designers in order to help widen engagement in art – for example, Nicholas Kirkwood and Paul Kneale created beautiful limited edition shoes. Verso focuses on empowering people aged 15 to 29 in democratic processes. It is an experimental, poetic pedagogical model of exhibitions, workshops and more, on themes of citizenship, inclusion and the collective construction of possible futures.

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LUX: Tell us about your philanthropy in Spain.
PSRR: I love Spain and we established the Fundación Sandretto Re Rebaudengo Madrid in 2017. Madrid is a global capital and a bridge to Latin America. The fundación is now nomadic. We presented Lucas Arruda at the Ateneo in Madrid in 2023 and we’ve also brought the Young Curators Residency Programme to Spain.

1000 Pieces, 1983, by Anish Kapoor

LUX: Who are the artists exciting you today?
PSRR: Globally, they include the painters Michael Armitage and Lynette Yiadom-Boakye, and the work of Josh Kline, Marguerite Humeau, and Klára Hosnedlová. In Italy, works by Giulia Cenci, Giulia Andreani, Guglielmo Castelli and Ludovica Carbotta have joined the collection.

Installation view of Rough Rides, Police States, Broken Windows, 2015, by Josh Kline; Vandal Lust, 2011, and Slavs and Tatars, Mystical Protest, 2011, both by Andra Ursuţa, at the fondazione’s recent show, “Backwards Ahead”

LUX: What is the San Giacomo recovery project?
PSRR: This island, a military site abandoned for more than 60 years, will become an outpost of dreams, a place to produce and show art, and host research and discourse on contemporary culture.

Read more: Italy Art Focus: Umberta Beretta

With its delicate lagoon ecosystem, we will implement principles of sustainability and energy transition there. The fondazione will enable San Giacomo to become a meeting place for artists, environmentalists and the public.

The isola San Giacomo, which has been a pilgrim refuge, a place of quarantine and a military site, is being transformed by the fondazione in the name of art

LUX: What will be your legacy?
PSRR: I hope I am giving back to the community what I have been fortunate to learn during 30 years in contemporary art. Time passes and I think of my two sons, who are also passionate about art, so I am building something that will take on new shapes with future generations.

 fsrr.org

This article comes from a section of a wider feature originally published in the Autumn/Winter 2023/24 issue of LUX

The conservation of Cape Foulweather Headland on the Oregon coast, an initiative supported by the Biden-Harris administration through NOAA. © Shutterstock

Richard Spinrad is a pivotal figure spanning politics and academia in the US. As Under Secretary of Commerce for Oceans and Atmosphere and head of the National Oceanic and Atmospheric Administration, the veteran oceanographer has the demanding task of guiding policy around maritime sustainability. Michael Marshall speaks with him about challenges and opportunities

“An environmental intelligence agency” is how Richard “Rick” Spinrad describes it. He is referring to the National Oceanic and Atmospheric Administration (NOAA), the US government agency (of which he is Administrator) that has responsibility for the oceans. The NOAA produces data and predictions around climate, atmospheric conditions, ocean health and protection for fisheries and marine animals – “environmental intelligence” that helps fuel sustainable economic development. One of the biggest challenges that Spinrad and NOAA face is helping to improve the way the oceans are managed so that marine resources are used sustainably. Spinrad’s goal is to maximise NOAA’s impact by ensuring its environmental intelligence reaches those who need it most, so they can respond to the challenge.

Spinrad has spent more than 40 years studying the ocean. He obtained a PhD in 1982 from Oregon State University, his early research tracking how light behaves as it travels deeper into the sea and encounters clouds of drifting sediment. Subsequently, he moved between academia and government. He held roles at universities including Oregon State and was NOAA Chief Scientist under President Obama. On Earth Day 2021, President Biden nominated Spinrad as Under Secretary of Commerce for Oceans and Atmosphere and Administrator of NOAA, putting him in charge of the agency.

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Spinrad arrived at NOAA at a time when public awareness of the environmental crisis, including threats to the oceans, had become greater than ever before. “We are seeing much savvier consumers,” he says. “There’s an increased change in consumer behaviour around being green and trying to figure out products that are not doing harm to the environment.”

Dr Richard Spinrad, Under Secretary of Commerce for Oceans and Atmosphere and NOAA Administrator. Courtesy of NOAA

Alongside the shift in consumer behaviour is the intensifying political pressure to solve environmental problems. “There is a generational push right now,” says Spinrad. “The youth of the world are much better organised and much more active, in a very constructive manner, than I have ever seen in my career.” Activists including Greta Thunberg and Vanessa Nakate have driven climate change to the top of the agenda, pressuring governments to act.

On top of this, the impacts of climate change are increasingly evident. “What’s happening in the world is accelerating,” says Spinrad. “Whereas 10, 20 years ago, people tended to talk about what’s going to happen at the end of the century, now we’re starting to see impacts that are imminent and affecting market values and people’s attitudes today.”

In the United States, the result has been two landmark pieces of legislation passed by the Biden-Harris Administration: 2021’s Bipartisan Infrastructure Law (BIL) and 2022’s Inflation Reduction Act (IRA). NOAA has key roles to play in implementing both. The BIL, formally the Infrastructure Investment and Jobs Act, is a sweeping statute providing $1.2 trillion funding, $550 billion of which is new. The aim is to improve infrastructure in projects related to highways, railways, broadband access, clean water and electricity grids. The IRA is similarly ambitious. One focus is to support and boost domestic clean-energy production. Alongside such priorities, IRA provides much of the funding to support BIL programmes.

NOAAS Thomas Jefferson, an ocean survey vessel, at work. Courtesy of NOAA

Between them, BIL and IRA are providing more than $6 billion for NOAA. This will primarily support three initiatives: better climate data, preparing coastal communities for climate change and better stewardship of fisheries. Ongoing projects include the restoration of coral reefs at Maui Nui in Hawai’i, constructing a living shoreline on Ossabaw Island in Georgia and the conservation of Cape Foulweather Headland on the Oregon coast.

It is a big advance, but Spinrad emphasises that it is a drop in the ocean compared to what is needed. “We are already seeing roughly a 10:1 proposal pressure,” he says. “The demand far exceeds the supply with respect to resourcing.” That means the money to support ocean conservation can’t just come from the government: it also has to come from the private sector.

“There is an investment opportunity,” says Spinrad. To encourage that, in July 2022 Spinrad hired Sarah Kapnick as NOAA’s new Chief Scientist. Kapnick has a background in climate science: she has studied the impacts of climate change on snowfall, the North American monsoon and tropical cyclones. She also has extensive experience of economics and finance: she has been an investment-banking analyst for Goldman Sachs, and her previous role was Managing Director at JP Morgan, with responsibility for climate and sustainability strategy for asset and wealth management.

“Science has shown how important healthy oceans are,” says Kapnick. “We know that disruption to the oceans has knock-on effects for society, including business. It affects ports, it affects supply chains. As a result, investors are increasingly interested in trying to figure out how to invest in these things.” The scale of investment needed to protect the oceans requires “an all-hands-on-deck approach,” adds Kapnick. “In financial terms, there are different layers of financing to achieve all these goals.”

Dr Sarah Kapnick

It will sometimes require blended finance, in which governments, the private sector and philanthropists come together.

Philanthropists are stepping up. “We are seeing some extraordinary developments,” says Spinrad, referring to “major players” who are getting into ocean conservation. Some, such as Julie Packard, daughter of one of the founders of Hewlett Packard, have supported ocean sustainability initiatives for decades. Others, like Amazon founder Jeff Bezos, are more recent entrants. In 2020 Bezos founded the Bezos Earth Fund, which will spend $10 billion on protected areas by 2030. In July 2022 it announced $50 million of awards for marine conservation. This included $30 million to create a network of marine-protected areas off the coasts of Colombia, Costa Rica, Ecuador and Panama – linking biological hotspots over an area of 500,000 square kilometres.

Perhaps the most dramatic recent example of environmental philanthropy was the decision by Yvon Chouinard, founder of outdoor-clothing company Patagonia, to give away the company. In 2022, Chouinard announced that Patagonia would radically change its structure. It will continue to operate as a for-profit company, but its profits will go to a unique trust and non-profit organisation that will support environmental efforts, including ocean conservation. “Chouinard’s action with Patagonia would, I suspect, result in a lot of people opening their eyes to the vast proportions of what is needed for climate action,” says Spinrad.

The restoration of coral reefs in Maui Nui, Hawai’i, an initiative supported by the Biden- Harris Administration through NOAA. © Renee Capozzola

The challenge for NOAA, as Spinrad sees it, is to get more people and companies involved in ocean sustainability – and that, he says, means working with organisations whose priorities are, on the face of it, different to one another. “The burden, if you will, is on the scientific community to get out more,” says Spinrad. NOAA has started a series of engagements and partnerships with diverse groups including the public-health community, the medical community, real-estate companies and the insurance industry. “We are learning to communicate in their terms, rather than trying to force them to speak in ours,” he says.

For example, earlier in 2023 NOAA announced a project to help support the climate needs of insurance companies. In partnership with the National Science Foundation (NSF), NOAA will create the Industry-University Cooperative Research Center (IUCRC), focused on modelling catastrophic impacts and risk assessment of climate change. The idea is to create decision-making tools for the insurance industry, enabling them to factor in risks from climate change, such as sea-level rise and increasingly intense tropical storms, when making financial decisions. NOAA is also conducting research to predict how sea-level rise will impact housing markets.

Such tools will help enable insurance companies to avoid investing in companies and infrastructure set to be threatened by climate change, or at least to charge higher premiums, thereby discouraging the building of non- resilient infrastructure. Working with such a varied group of players represents an ongoing challenge for NOAA. “We have more homework to do to understand how to better communicate these issues,” says Spinrad.

Read more: Enric Sala on working to protect vital areas of the ocean

“One of our pillars is maintaining scientific integrity and having people trust us,” says Kapnick. “We don’t tell you exactly what you have to do; we provide the facts that allow the decision-makers to make those decisions.” At a time when climate change and other environmental issues are reshaping the world in which we all live, being able to forecast, based on scientific evidence, is crucial. “At NOAA, prediction is at the heart of what we do,” says Spinrad. After that, it’s up to us all.

Find out more: noaa.gov

This article first appeared in the Deutsche Bank Supplement of the Autumn/Winter 2023/2024 issue of LUX magazine

YKK’s NATULON® Mechanically Recycled Zip is made with recycled yarn and post-consumer plastic bottles

The amount of zips produced by YKK each year far outstrips the number of people currently on Earth. So how can a company mass producing and growing at such scale stay true to values of circularity and sustainability? LUX speaks to Jim Reed, CEO of YKK America, about why he believes cost and speed need not be barriers to a sustainable business

LUX: Can you explain the cycle of goodness and how it relates to the YKK philosophy?
Jim Reed: The cycle of goodness – meaning that no one prospers without rendering benefit to others – was developed by our founder, Tadao Yoshida. One of his inspirations was Andrew Carnegie, a late 19th century early 20th century steel tycoon, who had a philosophy about a business’ obligation to society. As a young man, Tadao Yoshida got hold of a translated copy of Andrew Carnegie’s biography. He was inspired by Andrew Carnegie’s words and he decided that was the philosophy that should drive us. He was always entrepreneurial, but it wasn’t about how wealthy he could get, it was about how he could help. He wanted to contribute to society.

YKK is used by hundreds of major clothing companies including The North Face, Patagonia, Levi’s and Nike

LUX: Your president, Hiroaki Ōtani, said the company’s immediate vision is for ‘better products at a lower cost and greater speed, more sustainably’. How do you plan to chase growth while also racing towards carbon neutrality?
JR: President Ōtani is talking about getting the right materials for the right products to the right customer at the right time. If you think about those concepts, you’re not overproducing. We’re producing over 10 billion zippers in a year, but our objective is that, at the end of the day, every zipper has a perfect spot and nothing gets wasted. On top of that, he talks about better products, lower cost, greater speed, and more sustainability. If we can be more efficient, and some of the obstacles to sustainability – cost – can be reduced, then a sustainable product can match the price of the less sustainable cheaper product and you can match that substitution more easily.

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President Ōtani reorganised our company in a number of different ways five years ago. He created what we call the Technology Innovation Centre. He took all the smartest people in our company and put them in the Technology Innovation Centre, where they were working on pure research, not product development. Innovation and technology have always been an important part of YKK, and particularly now with climate change issues and sustainability, we all need to be making significant changes.

Beyond zips, YKK produces a variety of other products such as snaps, buttons, buckles, and textiles for apparel and industrial use

LUX: How far is the company’s adoption of renewables impacting carbon emissions?
JR: We’re doing very well in that area. We reported at the end of the last fiscal year that we had reduced scope 1 and scope 2 CO2 emissions by almost 47% against our base year. What’s even more significant is that we’re not talking about CO2 emissions per zipper – we’re actually growing our production. Even though our production is increasing, we know our CO2 emissions have to be reduced, and we were able to reduce them significantly. Our 2018 level of CO2 emissions is our base level, by 2030 we’ll cut that in half, and by 2050 we’ll be carbon neutral. Around the world we’re looking at about 32 facilities which are currently using 100% renewable electricity, and very actively working to change the others. That can be a challenge because every facility has a different footprint and has a different source of electricity. But we are continuing to try to find a variety of different mechanisms to employ this.

LUX: What are the pillars for sustainable strategies for textiles packaging and waste management?
JR: For textiles, the main thing is to switch over to recycled thread. We call that NATULON. YKK had been offering to use recycled thread for over 20 years, and we’ve probably had the product for 25 years. Now, the market desires it, and so now we are able to switch over to 100% recycled textile. 26% of our products last year were using it, and that’s going to grow rapidly. We hope that will get up to 41% by next year. We’re working on a complete switchover.

YKK produces more than 3 million kilometers of zips every year

When we talk about waste management, you think about inputs coming into the factory and products coming out, and waste as a by-product of that. You put that waste back into your process. The objective is to get inputs coming into your factory and the only thing that comes out is the product. ECO-DYE technology uses CO2 instead of water to colour the zipper tape. That removes water from the process, which removes the need to take dye out of the water. We also have something called AcroPlating. If you get rid of the need to apply the bad chemicals, then you don’t have to worry about managing the waste on the back end.

Read more: Salomon CEO Franco Fogliato on environmental responsibility in business

LUX: Can you tell us about the partnership between YKK and the Monitor for Circular Fashion? Do you think it could lead to systemic change within the fashion industry?
JR: These partnerships are really important because, just like the UN statement on climate change or the Sustainable Development Goals or the Fashion Charter, all of these statements and actions can really scope the objective to solve the problem. It gives us all targets, and then when we join the Charter, we make promises that we have to stand by. Those are extremely important, because we all need to be speaking the same language and talking about the same objectives. With those statements, the fashion industry can declare to the people of the world that we’re moving in an environmentally-friendly direction and can get the support of their customers, which gives us the inspiration to innovate into that change. Once those goals are clear, then industry can innovate towards it and solve the problem just like we’ve been able to solve any problem when we’re focused on it.

All images courtesy of YKK

Find out more: www.ykkfastening.com/sustainability

Italian art collector and philanthropist Umberta Beretta

Italy’s contemporary art scene is blooming. After decades of being perceived as a museum of the past, the home of the Renaissance is experiencing another rebirth under a new generation of philanthropists, curators and collectors. Guest editor Umberta Gnutti Beretta introduces and curates some of the key figures on the new Italian scene for LUX’s Italy Art Focus series

Art philanthropy has been a part of Italian culture since before the time of the Medici. It is a tradition that is not incentivised by tax breaks, as it is in countries including the US, but it is very prominent all the same. It is for this reason that we see the significant and powerful exercises of Italian philanthropy that we are showcasing in LUX.

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Italian philanthropy happens among all generations including the young. We can see this in the case of Edoardo Monti, who was 26 and living in New York when, in 2017, he decided to move back to Italy, to a family palazzo in Brescia, to start the Palazzo Monti residency.

Umberta Beretta with Edoardo Monti at Spazio Almag

We are also seeing the increasing role of women. There is Patrizia Sandretto Re Rebaudengo, of the Fondazione Sandretto Re Rebaudengo in Turin, who supports contemporary artists and whose team curates art for everyone to enjoy. There is Gemma De Angelis Testa, who created ACACIA, an association of friends of Italian art, and who has donated 105 works to Ca’ Pesaro Gallery in Venice from her private collection. Giovanna Forlanelli Rovati opened the Fondazione Luigi Rovati, named after her late father-in-law, recently adding an art museum showing Etruscan and contemporary art. Beatrice Trussardi runs the Fondazione Nicola Trussardi as a nomadic project that creates exhibitions in often forgotten spaces and places. L’Espresso magazine did a story on all of us: the mecenate, female patrons of the new Italian art revolution.

Umberta Beretta with artist Jenny Holzer

Despite its rich art history, Italy is not a leader in the contemporary art world in terms of money – most auction activity is in London, New York, Paris or Asia. But in terms of seeing art, everyone wants to come to Venice or Milan or Florence. The quality here is very high. We have artists such as Maurizio Cattelan
, who stands out in the contemporary art scene, and Lucio Fontana in modern art history, but there is so much more. Paola Pivi and Marinella Senatore are very interesting, and there are rising stars like video artist Diego Marcon, transspecies performance artist Agnes Questionmark and industrial artist Arcangelo Sassolino.

Umberta Beretta with Arcangelo Sassolino and Paolo Repetto

In addition to hosting foundations, Italian cities have become places for contemporary artists from around the world to live and work. Danish artist Leonardo Anker Vandal is in Brescia; Ignasi Monreal from Barcelona and
Thelonious Stokes from Chicago live and work in Florence; and Ukrainian artist Daria Dmytrenko is in Venice. As well as being the location of the Palazzo Monti residency, Brescia is the Italian Capital of Culture this year. And Florence has the Fondazione Palazzo Strozzi, where Arturo Galansino has created a world-class art museum. So artists can come to Italy and take a look at what surrounds them, old and new, and be inspired. It’s different, in my view, from going to a loft space in New York and taking a look around that.

Umberta Beretta with artist duo Gilbert and George

Our very strong commercial galleries include Massimo de Carlo, and kaufmann repetto by Francesca Kaufmann and Chiara Repetto, both in Milan. In my Brescia hometown, Massimo Minini opened Galleria Massimo Minini in 1973.

Read more: An Interview with Maurizio Cattelan

He is a great gallerist and has a long history of friendship with amazing artists, including artists of the Arte Povera of the 1960s. The art scene in Italy is very old, but it is also very new. It’s an exciting time both in Italian art and Italian art philanthropy.

Umberta Gnutti Beretta is a philanthropist who supports work in fields of medicine, women and children’s rights and the arts. Among many roles, she is on the governing council of the Fondazione Brescia Musei and is President of the Restoration Club of the Museo Poldi Pezzoli.

umbertagnuttiberetta.com

This article comes from a section of a wider feature originally published in the Autumn/Winter 2023/24 issue of LUX

Small Pacific island nations like Tuvalu are at most risk of rising sea levels due to climate change; COP27 last year created a Loss and Damage Fund to alleviate their plight, but no funding has yet been forthcoming

There is a major issue with meeting our sustainability goals: the financial and structural support is, in many cases, just not there. Deutsche Bank’s Markus Müller explains to Darius Sanai what needs to happen to close the gap

LUX: What is the sustainable financing gap and what is the biggest problem we face for bridging it?
Markus Müller: It is usually defined as the difference between the cost of meeting United Nations Sustainable Development goals (SDGs) and the amount of investment actually being delivered. Big numbers are common here but we need to put them in perspective – the latest OECD estimated the annual financing gap is 3.9 trillion USD, but this is much smaller than global GDP of around 100 trillion USD. The biggest problem isn’t the size of the gap, but making sure that investment projects and systems are viable. Bringing down borrowing costs and making sure there’s a level playing field for investments are big parts of this.

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LUX: Financing sustainable development should be a priority. But is short-term thinking still making it difficult?
MM: I wouldn’t blame the sustainable finance gap simply on short-term thinking. I think most people are rightly uncomfortable with how close we are to the planetary boundaries, and this is spurring action: we aren’t just leaving this to future generations. Fixing the finance gap now needs innovation, an ability to break free of current ways of thinking and a clear view of where we want to be. Returns and cost of capital remain key issues.

Houston, Texas is attracting new technological investment due to incentives created by the US Inflation Reduction Act, which is in effect a green subsidy

LUX: You have observed that our international social infrastructure for dealing with global collaborative action (the UN, and the economic institutions arising from Bretton Woods) are from another era. Do they need to be updated?
MM: Existing international institutions provide good framework to support transformation. They can cooperate in new ways with other bodies if necessary – note President Macron’s Global Financial Pact summit earlier this year. This is a matter of evolution, not replacement. Look at the discussions, for example, around how to repurpose IMF Special Drawing Rights (SDR, invented back in 1969) to support biodiversity and other initiatives.

LUX: The climate crisis – or triple planetary crisis – requires global nations’ collaboration on a probably unprecedented scale. But is such collaboration now more difficult in our increasingly multipolar world?
MM: Collaboration is fragile by nature, but it is still possible in a multipolar world. We start from a base point where the world’s resources – financial, material, natural – are unevenly distributed. Developing economies have more physical resources (for example, metal and minerals deposits) so it may make sense for them to collaborate. But if developed economies want to participate in these discussions, they must deliver more real support. This is often lacking: for example, there have been no inflows into the Loss and Damage Fund agreed on at last year’s COP.

At COP27 in Egypt in 2022, world leaders agreed to take tangible steps towards alleviating the climate crisis, but it remains to be seen whether they will be executed

LUX: Are you optimistic that the US, EU, Russia and China (for example) will agree on and enact workable policy solutions to counter the climate crisis? What would be significant markers of progress?
MM: Yes, I am. We have seen one important, recent example of this: major technology disputes between the U.S. and China did not stop the two sides meeting for climate talks. This shows that environmental issues do not have to become a destructive bargaining chip in broader trade or investment disputes, although we should not ignore the fact that environmental operating standards do have an impact on competitiveness and thus trade tensions. For me, the key marker of progress is continued discussion and agreement to stay within overall multilateral environmental policy targets.

LUX: If we are indeed entering a more unstable era (in terms of global climate and related issues like biodiversity), do the fundamentals of policy making need to change in order to accommodate constant change?
MM: I think this is a matter of learning how to overcome unforeseen challenges, rather than simply accepting instability. As our understanding of environmental issues and how to tackle them gets better, policy will change. The fundamental shift may involve us stopping seeing policymaking as proceeding along an inflexible straight line. We need to be more flexible and accept that policy may zig-zag. Policymakers’ ability to adopt to changing knowledge to find optimum solutions should be seen as an indication of strength, not weakness.

China, one of the world’s biggest sources of greenhouse gas emissions, has recently cleaned up its urban pollution and has agreed to restart formal climate change talks with the U.S. as of November 2023

LUX: Past successes like the Montreal Protocol were one-time events. How can we ensure more sustained policy progress?
MM: I don’t think we should think of policy advances as one-time “successes”. In reality, we often don’t know the real impact of policy agreements for many years. Some agreements that are hailed as successes at the time – for example, the Aichi goals of 2011 – have subsequently proved insufficient to meet the challenge at hand. The importance of agreements is really that they drive us, one uneven step at a time, towards better environmental outcomes.

Read more: Marküs Muller on the economy and biodiversity

LUX: How important are subsidy and protection programmes for transition technologies, and can they be harmful?
MM: It’s important to distinguish between different sorts of policy support. There are good and long-standing arguments for the support of “infant industries”, in the economics jargon, but we have to be careful that this does not slide into protectionism as these industries mature. U.S. support via the Inflation Reduction Act (IRA) is giving us a good preview of transition policy support, and what really determines where new industries locate and thrive. (Consider why Houston is attracting new technologies and Miami is losing out, for example.) Ultimately, it’s all about kickstarting specific industries that will really work.

Markus Müller is Chief Investment Officer of ESG & Global Head of Chief Investment Office at Deutsche Bank’s Private Bank

Find out more:  deutschewealth.com/esg

The architectural intricacies of the Parnham House estate, with an almost hidden Stephanie Bolam. Photograph by Maryam Eisler

Human, natural and built landscapes, ancient and modern, come together in an ethereal photography series by Maryam Eisler in dialogue with poet thomas Paul

When LUX Chief Contributing Editor Maryam Eisler has an idea, beautiful and strange things happen, often in unison. Such was the case at Parnham House, a country estate in Dorset, southwest England, one chilly day this year, when Eisler descended on the ornamental grounds with her co-conspirator, author and producer Cavan Mahony, model Stephanie Bolam and poet thomas Paul.

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Eisler has made her name as a photographic artist through her developing takes on the “Sublime Feminine”, the female form seen through the female camera gaze. Bolam offered a new interpretation: she is covered in body art (or, as she calls it, “body armour”), from head to toe, and has never allowed herself to be photographed naked before.

As she says, “I am a walking piece of art. I had to learn to become more powerful and resilient to handle people’s reactions. I chose the responsibility to do this.”

Stephanie Bolam, complemented by a Parnham House interior. Photograph by Maryam Eisler

While Eisler and co-creative Mahony created the shots, Paul composed verse. “There were a lot of challenges,” says Eisler, “but Stephanie was a great trooper and faced these head on. The most challenging, of course, was me asking her to take a deep dive into the murky cold waters of the pond at Parnham, which is green and slimy, and not exactly the most welcoming environment. But she did it and the result, in my view, is one of the most beautiful images of the day: painterly, ethereal, Ophelia-like.”

Read more: Artist Ricky Burrows: From the streets to the studio

The creatives played with the forms of space and place and drew focus to the detailed architecture of the Elizabethan house, its grounds and its storied history. “Everything at Parnham House is very intricate and ornate, and that has a dialogue with the patterns on Stephanie’s body,” says Eisler. “This worked so well because Stephanie is someone extremely contemporary, on the now, with the art she is adorned with, and here she is in dialogue with an evocative place of the past – one of the most beautiful houses of the West Country, in fact.”

Or, as the first lines from thomas Paul’s poem, composed on the spot, run:
“Elegance in form, beauties face
To overwhelm, blinding fears and scorn
In images of dreams, in fairytales
I hear your screams, your conversations within”

The exhibition “Ignis Avis Lineae”, by Maryam Eisler and thomas Paul, launched in October 2023 at Cricket Court in Somerset, home of fashion designer Alice Temperley. See maryameisler.com for details

This article first appeared in the Autumn/Winter 2023/24 issue of LUX

The Beach House terrace at the Rosewood Le Guanahani

With its gleaming white sands and jet-set visitors, St Barths is known as the most exclusive and extravagant of the Caribbean islands. Candice Tucker discovers natural wonders, beautiful hotels and a party spirit

It may be an exclusive destination today, but it is possibly that the early Arawak communities of the tropical island of St Barths were never sufficiently impressed to put down roots – poor soil and water sources saw to that. St Barthélemy has always relied on imports- from food to fresh water and, for the past half century, the super-wealthy.

Restaurants, beach clubs, taxis, villas -all are expensive on the 25sqkm island. unlike other Caribbean destinations, there are no cheaper options. Only the best is available. An unexpected benefit is that local workers expect salaries high than those in London, New York and Hong Kong.

A view of Gustavia, capital of St Barthélemy on the west of the island

To enjoy the island’ delights, visitors must first arrive. This is slightly hair-raising as your six seater plane has to land between two mountains on one of the world’s shortest runways. not recommended for nervous fliers.

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My first stop was the Rosewood Le Guanahani, located on a private peninsula in the northeast and featuring 66 contemporary rooms and suites, each with a private terrace, in villas and cottages.My experience began by being escorted to a spacious yellow bungalow whose overlooked small green islands in the sea. The room was light and airy with pale walls, white wood-beamed ceiling and soft furnishings offset by dark wood floors and furniture.

The two-bedroom Lagoon Suite, situated directly on the beach, at the Rosewood Le Guanahani

The hotel, unlike many in St Barths, enjoys a calm sea and is ideal for families. Its spa features a serene adults-only pool and offers a variety of relaxing treatments. However, you might find simply lazing on a loungers at one of the hotel’s two beaches, being offered ice-cold mango sorbets and accras de morue (a delicacy of spiced salt-cod fritters), enjoying uninterrupted sea views, is relaxing enough.

In the evening, I joined the hotels live music barbecue. The ceviche stand offering a choice of sliced fish with limitless toppings of tomatoes, cucumbers, onion, and exotic fruit was a highlight, as was enjoying sunset overlooking the sea. Set in 18 acres, the resort is St Barths’ largest, and amenities include non-motorised water sports and a private gentle hike to the hilltop, from where you can view half of the island.

The hilltop bungalows and villas of Villa Marie

For a different but equally special experience, I stayed at Villa Marie’s Gyp Sea Hotel, a boutique hotel of 22 bungalows and villas in the northwest. As it is situated in the hills near the island’s highest point, there is no direct beach access, but Villa Marie cocoons you in a tropical paradise, with spectacular views from each room’s terrace.

The palm tree-shaded pool in the Secret Garden at Villa Marie

Hikes around the property give you various views of the island and beyond to Anguilla, 43 km away. A walk through a forest, surrounded by goats, down to Colombier Beach is not one to miss. The hotel’s own beach club, Gyp Sea on Pelican Beach, is a few minutes from the hotel and, whether you stay at Villa Marie or not, it’s a must-see – all white sand and turquoise waters.

Read more: Badrutt’s Palace St Moritz, Review

The menu offers rustic-chic specialties including albacore tuna on toast and heavenly platters of profiteroles. At 3pm the music starts and everyone dances on the tables, in true St Barths spirit.

The elegantly bohemian living room of the Pool Suite at Villa Marie

Another day, I enjoyed a massage at the hotel listening to the chirping rainforest sounds, followed by a dinner at the hotel’s Restaurant Dolce Vita. The aubergine parmigiana and tiramisu were as good as you would find on the Amalfi coast, and the live music that plays every night was the perfect end to this alluring escape.

Find out more:

rosewoodhotels.com/le-guanahani

gypsea-stbarth.com

This article first appeared in the Autumn/Winter 2023/24 issue of LUX

Jacquesson Managing Director Jean Garandeau approaches the house on the Jacquesson estate

François Pinault, the French luxury titan, recently purchased champagne Jacquesson, one of the country’s hidden gems and a favourite of Napoleon Bonaparte. Darius Sanai pays a visit and speaks to the team

Champagne is an interesting phenomenon in the world of luxury drinks. For some, it is still an aperitif to be sipped before the real wine begins. For many others, a great champagne is a drink to be savoured and deliberated over. The production of champagne is more complex than that of still wine, giving ample opportunity for connoisseurs to debate and be fascinated. And a changing climate and more sophisticated farming and winemaking techniques mean that the best champagnes now are, arguably, the best champagnes that have ever been.

Into this mix, add the recent arrival of fevered discussions among collectors about size. Not size of bottle, which is still important (the common agreement is that a magnum has the perfect ratio of liquid to gas within the bottle for perfect ageing), but of producer. Unlike other fine wines, great champagnes can be produced by large corporate brands, but also by tiny farmers with small plots of land – the latter recently coming to the fore in public consciousness.

A view across the vineyards of what is one of France’s oldest champagne houses

Sitting amid this magnificent landscape (both figuratively and literally) is Jacquesson, an intriguing champagne house that has, for the past few decades, been a cornerstone of the cellars of many connoisseurs and collectors. Not big enough to be known as a Grande Marque, but not small enough to be a small grower, it made its modern-day fame by pioneering the creation of numbered, non vintage champagne (see The 700s below) and some incredibly complex single-vineyard cuvées made in tiny quantities (see The Tasting).

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One of the oldest of all the champagne houses, with one of the richest of what the French call patrimoines (roughly translated as “heritage”, but, in fact, meaning much more), Jacquesson is often cited as having been a favourite of the Emperor Napoleon. After its founding by the eponymous family in 1798, and what was probably the most significant celebrity endorsement in the world to date by the Europe-conquering emperor, who awarded the maison a gold medal in 1810, it lost its way a bit after the family sold it in the late 19th century, and through much of the 20th, before it was bought by Jean Chiquet in 1974 and handed down in 1990 to his sons, Jean-Hervé and Laurent, who began its revival. The brothers rationalised the range, focused on quality, reduced the quantity produced, introduced single-vineyard cuvées (ahead of the current trend for such wines)and, finally, led the way in the creation of the numbered cuvées, first released in 2004.

The cellars hold the 700s and the late disgorgements, which are kept for longer

And now, Jacquesson is just entering a new and extremely significant chapter in its patrimoine. The house was acquired in 2022 by François Pinault’s Artémis Domaines, a division of Groupe Artémis. The Groupe also owns Christie’s auction house, and Kering, which includes Gucci and Balenciaga. Artémis Domaines also takes care of Château Latour and a small selection of jewel-in-the-crown wine estates in France and California. Upholding the promise of its imperial birth, Jacquesson is now firmly a member of a new French empire – that of high luxury.

Frédéric Engerer is the straight-talking Managing Director of Artémis Domaines; having first managed Château Latour on its acquisition by Artémis Domaines, and subsequently other estates including the celebrated Clos du Tartin Burgundy, acquired in 2018. Engerer is also something of an unspoken sustainability pioneer: Latour was the first of the First Growth Bordeaux estates – the most exclusive club, comprising Châteaux Latour, Lafite Rothschild, Margaux, Mouton-Rothschild and Haut-Brion – to be certified 100 per cent organic, in 2019. Engerer is, understandably, proud of the acquisition.

Jean Garandeau

“We have been following Jacquesson for many years,” he says. “The way the Chiquet brothers, Jean-Hervé and Laurent, modernised the brand and increased the quality level of each cuvée in such a short time is tour de force.

“Creating the Cuvée 700 was based on a very simple and understandable concept with a very recognisable label; and at the same time, focusing on quality rather than quantity of crops, keeping very traditional vinification methods, increasing the ageing of each cuvée and reducing– if not eliminating totally – the level of dosage [added sugar]. This led to cuvées 700 that are very balanced, elegant, refined and with very distinctive styles for each of the fourlieux-dits [single vineyards].

The antique estate doors

“Moreover, Jacquesson’s small size as a maison producing 250,000 bottles per year, its strong vigneron culture and its image as “champagne for the wine connoisseur” are all elements very much aligned with our philosophy at Artémis Domaines and are very compatible with our other domaines.”

“So these are Pinot Noir grapes,” I say, knowledgeably, looking at some hopeful young bunches on a vine on a slope with a spectacular view of what seems like the whole of the Champagne region. Above us is a thick forest, packed with dozens of different types of trees, bushes and other vegetation. Below us, in a bread bowl, are swathes of vineyards, dropping down into a series of villages, leading to the town of Épernay, centre of the Champagne region. Beyond, the vineyards rise, once again to forests, beyond which land stretches to the endless undulations of la France Profonde

A progress check on a batch of 2018 Dizy Terres Rouge

I am with Jean Garandeau, appointed Managing Director of Jacquesson in 2022, and Vineyard Manager Mathilde Prier. “No, they are Chardonnay grapes,” Prier replies with a smile. I raise an eyebrow. This hillside, above the village of Dizy, is famous among wine lovers for producing some of the best Pinot Noir wines to go into the greatest champagnes. “It’s true that most of this area is Pinot Noir,” says Garandeau, sensing my confusion. “But it just shows that very special grapes can grow where you don’t expect them to.”

The Chardonnay from this vineyard makes Corne Bautray, a tiny production wine that has become one of the estate’s most celebrated, and which we will taste later. We continue on our tour of the panoramic vineyard area, ducking down one bumpy unmade track after another until we get to another vineyard. “This is all Pinot Noir,” says Garandeau, pointing around an area around the size of a couple of tennis courts.

The vineyards stretching to the forested hillsides

Jacquesson is a rare producer in several ways. It produces very small quantities of these single-vineyard wines – to the extent that they are not so much cult wines as secret wines, each market just getting a few cases to be fought over by collectors. The maison also does not make a rosé wine, nor a standard vintage champagne, which typically is a blended champagne made out of grapes of a single year. Apart from the single vineyards, the accent is very much on the numbered releases, or 700s, and their distinguished cousins, the late disgorgements, which are simply the same wines but held in the cellar, maturing in their live creative process for years longer.

The Jacquesson estate itself is in Dizy, one of the villages we saw from the hillside up above. There is a handsome house with a lawn and a small vineyard next door, and a tasting room with a vaulted ceiling. The cellars, like that of any champagne house, are extensive. Sitting in the tasting room, Garandeau tells me there is no plan to make dramatic changes at Jacquesson. “We are starting at a very high level, but we can fine-tune. We are very focused on understanding the terroir of each vineyard and, if possible, sourcing some additional great grapes to complement what we have. We can invest in facilities, improve parts of the process and, after one or two vintages, be confident to take decisions because we know the process a little better. We can also work to increase awareness among international wine lovers.

The spectacularly situated vineyards contain Chardonnay as well as Pinot Noir grapes

”There are no plans to turn the boutique grower into a giant, along the lines of more famous houses. “We have a boutique approach at Artémis Domaines, which is part of our culture, and which helps build on the future for Jacquesson,” says Garandeau. “Boutique is the future as well as the past.” There are, he adds, no plans to bring in additional ranges, or a rosé (the latter was discontinued by the previous owners) – a shame, as I am sure Jacquesson would make a rosé to rival Dom Pérignon’s powerful offering and the curiously (in the context of its other wines) delicate offering by Krug, both from houses owned by LVMH (majority-owned, in the case of Krug).

Read more: A tasting of Schrader’s legendary Napa wines

Garandeau also points out that tastes for champagne are changing. “In the past, people would go into a restaurant and want to start with a bit of champagne, and take whatever was served by the glass and not really question it,” he says. “Now, people are focusing increasingly on taste. People will get the full wine list and choose a bottle of champagne to share before the meal. And even when you see the selection of champagnes by the glass in many places, where 20 years ago you would just have the big brands, now it’s changing and there is much more variety. Champagne is being treated much more like wine.”

Vineyard Manager Mathilde Prier

With that, the first cork is slowly released from its bottle by Cellarmaster Yann Le Gall, and our tasting begins – although not before I reflect that one of France’s most sophisticated luxury brands is beginning a new phase in its patrimoine that could be just as interesting as those of its first decades.

The 700s

Jacquesson gained instant credibility among wine geeks, many of whom had previously considered champagne a second-class drink, when it replaced its entry-level non-vintage champagne with its numbered Cuvées 700 in 2004. Almost all champagne houses had, until then, produced a “non-vintage” champagne as their primary offering, blending wines of different years together without indicating which – most still do. The 700s were different, declaring by their numbering exactly which year the wine in the bottles was based on. This arcane detail immediately transformed perceptions: a champagne house that was not trying to make a generic non-vintage blend, like a whisky, each year, but instead proud that different years produced different types of wine, and saying so on the label. The fact that the wines, starting with Cuvee 728 in 2004 and proceeding up by one number each year, were of such high quality, also helped.

Jean Garandeau and Cellarmaster Yann Le Gall at the tasting

The Tasting: Notes by Darius Sanai

Cuvee 746

The latest of the 700 series. A sultry, thought-provoking and sophisticated wine: Catherine Deneuve in a 1958 Lancia Flaminia Sport Zagato.

the Jacquesson estate house, which dates back to 1798, when the maison was founded

Cuvee 741 Dégorgement Tardif

Released after extended ageing on its yeast in the cellars. A serious champagne to be enjoyed over an extended meal at your riverside château in central France, with Jacques Brel playing on your turntable.

The process of making champagne is more complex than that of still wine

Champ Caïn 2013

Recently released after 10 years maturing in the cellars. All Chardonnay: pretty yet powerful at the same time, like Béatrice Dalle in vintage Balenciaga.

Corne Bautray 2013

Another Chardonnay-based single-vineyard wine, this is intense, deep, thought-provoking and quite serious, like sitting with Simone de Beauvoir in Les Deux Magots.

A bottle of Cuvée 746, the latest of the estate’s treasured 700 series

Terres Rouges 2013

Exclusively Pinot Noir, and with something complex and not yet fully detectable emerging under its perfectly polite manner, like the first part of a meal with Jean-Paul Belmondo.

Vauzelle Terme 2013

If any of the Jacquesson champagnes resembles the maison’s most famous advocate, it is this, tiny production label. You take a sip and think you have mastered it, then it comes back at you from different directions. Like Napoleon, this will get ever better with age.

Photography by Brice Brastaad

Find out more: www.champagnejacquesson.com

This article first appeared in the Autumn/Winter 2023/24 issue of LUX

Aurelie Cauchy and Leslie Ramos, founders of The Twentieth © Juan Cuartas Rueda

Leslie Ramos and Aurelie Cauchy are co-founders of The Twentieth, a pioneering art advisory that focuses on supporting the arts and culture. Following the launch of Ramos’ book, Philanthropy in the Arts: A Game of Give and Take, Samantha Welsh speaks to the founders of The Twentieth about the new generation of philanthropists emerging from around the world, with different motivations and priorities and what the future holds for arts philanthropy given the rapidly changing landscape

LUX: What compelled you to layer arts philanthropy onto traditional arts advisory?
Leslie Ramos: The simple answer is that we spotted a gap in the market. We saw more and more aspiring collectors coming to the art world eager to support the ecosystem they admired, but they would find that although there were many people helping them buy and sell, there was almost nobody actively encouraging them to give back and helping them to do it.

Aurelie Cauchy: Moreover, we also feel that the art world in general is becoming increasingly dominated by the art market, focusing very strongly on sales, sales, and more sales. We wanted to build something that tried to push back against that a bit and in a small way remind people that a good collector is someone who also cares about the art world ecosystem.

LUX: Does arts philanthropy today bear any resemblance to its origins?
LR: The basic system of the most privileged in society actively supporting something they care about hasn’t changed much. What does change all the time are the underlying dynamics, like people’s motivations. We are seeing a real shift today in the role status has in philanthropy, with younger philanthropists being much less keen to have their names carved above doorways, for example.

AC: The pandemic has also reinforced the desire to help locally, with a focus on causes such as health and poverty, at a moment when social justice became more prominent than ever. Without taking anything away from other extremely pressing causes, one of the missions that we feel we have is to show philanthropists how supporting the arts can be an effective way of addressing these other societal causes and something that should sit as part of their wider philanthropic portfolio.

The European Fine Art Foundation panel discussion on next gen collecting and philanthropy at the Art Business Conference in 2023 © David Owens

LUX: Why is arts-funding important amidst crises in education and healthcare provision?
AC: It is true that causes like poverty, health, and children will always, and perhaps should always, be more important causes for philanthropy than the arts, but that doesn’t mean the arts should be ignored. For one, art has incredible power within societies. As Leslie wrote in her book, ‘The power of art shows us that humans can dream and think about the world not only as it is, but as it could be’, and in this regard the arts are particularly powerful in conveying important messages about the world and society.

LR: One example that I think is quite potent and that I tell our clients, is to look at what the philanthropist Jeff Skoll has done with his film production company Participant Media. Almost every film in the past 20 years, that has spurred real conversation about important issues facing society, has been funded by Skoll. The collector and philanthropist Sarah Arison also described this very well when I interviewed her for my book. She said that, for her, we must change the way we think of the arts, not as siloed disciplines but collaborative and interconnected, and this is crucial to bringing awareness to all sorts of issues.

In the end, it is critical for people to really care about what they support. This is why the experiential and social part of the art world is actually quite valuable – the events, galas, previews, and perks offered to supporters are not only quite fun, but they help people learn and be more comfortable.

It is also why we guide (or drag!) our clients to artists’ studios, museums, and non-profits of all sizes to really understand what their money can do and reassure them that it will be well spent.

Jesus Rafael Soto, Penetrable, 1992. © Archives Fondation Maeght

LUX: You also advise museums and non-profits, artists, and some brands as well?
LR: Yes, we do a lot of work with museums and non-profits, advising them on all sorts of things, but mostly around improving their financial resilience or helping them execute their vision. Aurelie has been doing a lot of work with the Centre Pompidou, expanding its international circle of donors, especially throughout the US, to support the enrichment of its collections. At the same time, I have been working closely with the Fondation Maeght in the South of France, helping them build their first patrons’ scheme with supporters from across the world, and advising them on their capital campaign for a new extension due in 2024.

AC: Our work with artists and brands is not so dissimilar to what we do with collectors. Often successful artists get to a point when they want to give back and we help them build their philanthropic initiatives, like foundations and artist residencies. Likewise, many brands, particularly luxury brands, are looking for genuine engagement with the arts, whether it’s through strategic collaborations or philanthropic initiatives that resonate with their ethos and serve their client-centric strategy, corporate social responsibility, and branding.

LUX: How do you work with individual clients in terms of evaluating their intentions and guiding them?
AC: It varies slightly from client to client. One thing is enthusiasts taking their first steps in the art world, perhaps starting a collection, or beginning to get involved with institutions in a meaningful way. Theirs is more a process of discovery initially, seeing what resonates. Whereas long-term supporters who want to take their philanthropy to the next level and perhaps build their own foundation, for them it’s more about refining and executing their vision.

The common thread is that we view our role as a catalyst, helping our clients become respected forces in the arts and culture world. This means being independent, unbiased, and transparent, which is why, for example, we do not charge commissions on transactions like a lot of advisors do. We would rather that our clients can trust us and be sure our advice is completely independent than constantly feeling pressured to spend.

The other side of the coin is that we only work with clients who are, or want to be, philanthropic. We are very clear with that and we are different from most arts advisors in that regard.

Leslie Ramos at the launch of ‘Philanthropy in the Arts, A Game of Give and Take’, published by Lund Humphries in collaboration with Sotheby’s Institute of Art

LUX: Are there barriers and what is the approach to impact measurement?
LR: While measuring impact to some extent is valuable, it is much more so to identify non-profits who know what they are doing and whose mission aligns with the giver and then trust them to do what they do best. I think the best arts philanthropists instinctively understand the positive effect the arts can have. So many studies have shown the proven positive effects on mental health as well as the positive economic impact on communities.

LUX: How are newer players influencing codes and interactions?
AC: It’s difficult to summarise because there are new people coming to the arts from all over the place. Of course, a lot of the attention recently has been on the tech money, but although it might be a stereotype to say that tech millionaires have no interest in arts and culture, it does seem, for now, to be the case. There are exceptions of course, like Sean Parker’s Parker Foundation or Komal Shah and Gaurav Garg’s Shah Garg Foundation. Both are important collectors and philanthropists from that world doing truly wonderful work.

One of the most interesting areas of the world that we are keeping our eyes on is South-East Asia and the new generation of collectors in places like Singapore, Indonesia, and Taiwan. Indonesia especially is an incredibly charitable society with a high value placed on the arts. India has also recently seen the rise of its UHNW population, with first generation wealth and inter-generational givers alike showing great interest in strengthening the philanthropic culture and infrastructure.

LUX: Where is private philanthropy leading national conversations through art discourse?
LR: Private support can often act faster than governments and be more curious and less risk averse. This means that in countries where there is yet to be a state-backed cultural support system, philanthropists are often key to giving artists and non-profits the resources they need. After all, artists can be found everywhere, and thank goodness for that!

Eacheve, the independent non-profit organisation dedicated to creating new opportunities for Ecuadorian artists © Intemperie Studio

Take, for example, the work being done by the Ecuadorian arts foundation EACHEVE. For a few years now, the founder, Eliana Hidalgo, has been determined to give Ecuadorian artists global exposure and opportunities, supporting residencies, exhibitions, publications and soon a permanent exhibition space in Guayaquil. EACHEVE even published the first ever compendium of contemporary Ecuadorian artists, a book that has become a global reference and the first of its kind. This kind of work is where philanthropy can take a lead, and when done well, it can also be ‘contagious’, encouraging others to get behind a great cause and ultimately influence state decisions.

LUX: How can the State incentivise and direct giving?
LR: State support is critical in providing a supportive environment for philanthropy, and this doesn’t just mean providing tax incentives or funding matching programmes. Although they do work, it’s more about providing a framework and actively incentivising more philanthropists more holistically within your country.

Singapore is a great example of this. They have extended their (massive) 250% tax deductions for donations to 2026 to foster a culture of philanthropy, but it is combined with their SG Arts Plan (2023-2027), developed by the National Arts Council, which is designed to invigorate the art world more generally.

This is something I am hoping future UK governments will start improving because recently encouraging philanthropy in the UK has been neglected, in my opinion. In part, this is because it is viewed as a rather unfavourable thing to support politically. Having launched a successful £80m scheme to encourage more philanthropy in 2010, since then the current UK government has done very little. As things stand, the wealthiest in UK society only give a miserly 1% of their income to charity every year.

Centre Pompidou

LUX: Is there a downside to state intervention?
LR: Without wanting to get too caught up in a rather complex topic, there are obviously issues with censorship and oppression of artists and creatives in many parts of the world. Equally, there are many examples of populist governments taking control of museums and cultural organisations by putting their cronies in charge.

But I still believe that perhaps the most damaging thing a state can do is be ambivalent. This was often the case in Italy in the past, where especially state museums were resting on their laurels and simply stagnant. In 2014, the newspapers in Italy gleefully reported that the restaurant at the Metropolitan Museum of Art in New York made more money in a year than all of Italy’s museums combined. But since then, new government initiatives, the growth in corporate sponsorship from big Italian companies, particularly the luxury sector, and a general sense of key people wanting to put in more effort, means things are slowly going in the right direction.

LUX: How optimistic are you that arts philanthropy can catalyse a better world?
AC: Arts philanthropy is vital to fill the gaps, supporting artists, art education, and art institutions that struggle to secure adequate funding from just government and commercial sources.

Take arts institutions, from leading museums to small non-profits, who are the many beating hearts of the art world, it is important to allow them to continue their invaluable work and survive. The former Met CEO Dan Weiss wrote a wonderful book on the subject, saying that “museums have played a vital role in our culture, drawing on Enlightenment ideals in shaping ideas, advancing learning, fostering community, and providing spaces of beauty and permanence”.

Aaron Cezar, founding director of the Delfina Foundation in conversation with Leslie Ramos

Arts philanthropy is there for these institutions to ensure they can navigate a challenging landscape with financial resilience and be sustainable, relevant, and impactful in the long run, and in the end, it helps create a more vibrant and diverse society where everyone, regardless of background or financial means, can have access to art and culture.

LR: At the same time, I would like to finish on a sentiment that was shared by Darren Walker, the President of the Ford Foundation, in a recent interview. Walker, a great advocate for philanthropy, had come across something Martin Luther King Jr. had written, where King had pointed out that although commendable, philanthropists should recognise the economic injustice that makes philanthropy necessary. “King was saying that, yes, the work of philanthropy must be about charity and about generosity”, Walker said. “But it should also be about justice and dignity … It requires of the philanthropist an interrogation of our own complicity in the very problems we are seeking to solve.”

Find out more: thetwentieth.com