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At Wef, New Initiative to Help Unlock $3Trn Needed Yearly for Climate Change Launched
Foundation: Moore Foundation, Open Society Foundations
A customized collection of grant news from foundations and the federal government from around the Web.
That's why the WEF has launched the Giving to Amplify Earth Action (GAEA), a global initiative to fund and grow new and existing public, private, and philanthropic partnerships to help unlock the $3 trillion needed each year to reach net zero, reverse nature loss, and restore biodiversity by 2050.
"Current funding is slow and inadequate, and a new approach is needed to get capital flowing," says Schwab.
"Philanthropic giving can address this, with unique qualities not found in other financing: it is nimble, more tolerant of risks, and is driven by values and long-term outcomes rather than quarterly returns."
The Giving to Amplify Earth Action has more than 45 partners, including BMW Foundation, Children's Investment Fund Foundation, Clean Air Fund, Climate Leadership Initiative, Eleven Eleven Foundation, Gordon and Betty Moore Foundation, Growald Climate Fund, IKEA Foundation, Laudes Foundation, Noa's Ark Foundation, Open Society Foundations, and the Rockefeller...
Read the Entire ArticleSelected Grant News Headlines
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"Don't be afraid to be magnificent."
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Foundation: Bloomberg Philanthropies
A small Canadian town is getting $50,000 to help its youth fight climate change, the CBC reports.
"We are super excited about this, because we are one out of 100 municipalities in the world that...more
The Starved Rock Country Community Foundation is asking for donations for its 2024 Spring Appeal, which will fund education, mental health, local history, fine arts, entrepreneurship revitalization,...more
"We've used a translational approach in the past to have a global impact on emerging technologies, from our role in the creation of the internet to the computer graphics and visualization...more
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Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
