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The Amazon founder's Bezos Earth Fund will provide grants of up to $1 million per year for the next decade to help develop green technologies, Mashable reports.
"We've been warned for years that the point of no return is coming," Bezos wrote in a blog post.
"Thankfully, the world is taking notice and more money than ever before is on the table."
The US is making its largest investment in green technology ever, and the European Commission has promised at least a trillion euros in sustainable investments over the next decade.
"The future is here," Bezos writes.
"The question is how can we disrupt it before itdisrupts us?" The Bezos Earth Fund, founded in 2020, is the largest green tech investment fund in the world, according to its website.
The fund plans to work with governments, universities, and more to develop green technologies that can create jobs and reduce greenhouse gas emissions.
"We know the problem. More than ever, we know a lot of the solutions," Bezos writes. "Critical policies are actually in place and a very key element.
Money is on the table to fund innovative technologies that can change our world."
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Charity is good for the economy, right? Wrong, argues Elise Westhoff, president and CEO of the Philanthropy Roundtable.
In an interview with Tom Temin of NPR's Federal Drive, Westhoff says that...more
Foundation: Ford Foundation, William Penn Foundation 
The William Penn Foundation is donating $1 million to help disadvantaged Asian-Americans in Philadelphia, the Philadelphia Inquirer reports.
The donation is part of the foundation's Spark Change...more
Foundation: New York Community Trust 
"Homelessness has long been a chronic problem in New York City, and as the city continues to face an unprecedented homelessness crisis, the City is taking steps to ensure that all New Yorkers have a...more
Foundation: Nike 
If you've ever wondered what it's like to be the youngest billionaire in America, you're in luck: Umaro Bacon, 37, is the youngest person ever to hold the title, Forbes reports.
He's worth an...more
Foundation: New York Community Trust 
"From the very beginning, our local nonprofits and community-based organizations have stepped up to fill the gaps and shouldered the heroic work of supporting newly arriving people and families,"...more
Private philanthropy in India is expected to grow at a compound annual rate of 11% over the next five years, according to a new report from Bain Company and Dasra, the philanthropic arm of India's...more
India is home to some of the world's biggest companies, but it's also home to some of the world's biggest philanthropists.
Business Insider lists 20 of the best philanthropic companies in India...more
Foundation: California Community Foundation, Humboldt Area Foundation, Marin Community Foundation, Sacramento Region Community Foundation, Sierra Health Foundation, Silicon Valley Community Foundation, California Endowment, James Irvine Foundation, Wild Rivers Community Foundation, Irvine Foundation, California Wellness Foundation, National Philanthropic Trust 
The earthquake that hit northern California in December didn't get the federal government's blessing, but that didn't stop two community foundations from setting aside $1.2 million to help people...more
"The fact that there are still places in the world where children can't access vital healthcare makes me so sad," says Gabriella Ocenasek, Partnerships and Marketing Director at World Youth...more
In the wake of Syria's devastating earthquake, the University of Pennsylvania is stepping up its efforts to help those in need.
The school's Center for High Impact Philanthropy has set up a...more
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Investing in Climate Action: What Canada Can Learn from the US
