You appear to be claiming that climate change is not an existential risk? The term boogeyman includes the judgement that the fears were unfounded. Climate change is a demonstrable real problem, and consequently not a boogeyman.
For something to be a boogeyman, it has to be an imagined danger that captures the fears of a lot of otherwise rational people.
Your Tech Transfer office is a member of AUTM. AUTM encourages licenses that include altruistic clauses. For example, the license could waive royalties for sales in third world countries when the licensee is selling at cost.
Such a deal allows the licensee to make a profit on first world sales to recover development costs and also recognize the altruistic value. Most inventions require development money and if open sourced they die from lack of funding.