Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up

The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people.

Here's what you need to know: The richest 1% of people on the planet have seen their wealth increase by an average of $2.7 billion per day since 2020.

That's the first time in 25 years that extreme wealth and extreme poverty have increased at the same time, according to Oxfam's "Survival of the Richest" report.

"While ordinary people are making daily sacrifices on essentials like food, the super-rich have outdone even their wildest dreams," says Gabriela Bucher, executive director of Oxfam International, per the Guardian.

Oxfam is calling for a wealth tax on the world's richest, arguing that such a tax could raise $1.7 billion a year, enough to lift 2 billion people out of poverty.

Giving to Amplify Earth Action: The WEF on Tuesday launched Giving to Amplify Earth Action, an initiative to increase philanthropic funding to tackle climate change and biodiversity loss, per the Guardian.

The group estimates that $3 trillion is needed to address climate change and biodiversity issues, and CEO Per Heggenes of the Ikea Foundation says it's "unacceptable" that just 2% of... Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

M3F Music Festival Funds Art Programs, Other Nonprofits in Arizona

For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more

College Philanthropy Director Associate

The University of Kentucky is looking for a director of philanthropy to lead its major gift fundraising efforts, the Lexington Herald-Leader reports. The ideal candidate has a bachelor's degree...more

Uapb Chancellor'S Scholarship Gala Celebrates Philanthropy and Elegance
Foundation: Rockefeller Foundation, Winthrop Rockefeller Foundation

The University of Arkansas at Pine Bluff is honoring five people for their "extensive community involvement, philanthropic endeavors, and exemplary service to the community," per a release. The...more

Uniting Through Volunteerism: National Volunteer Month Q&Amp;A with Besa

"I was working in corporate America for one of the world's largest retail companies, and it was challenging and wonderful in many ways. But I was finding my truest fulfillment on Saturday...more

Firstbank Charitable Foundation'S Better Giving for Greater Impact Summit

If you're looking for a way to give back to your community, FirstBank has just the thing for you. The bank's Charitable Foundation is holding its first-ever Better Giving for Greater Impact...more

Chalkboard: Youth Philanthropy Council; Party in the Park and Prom Photo Request
Foundation: Community Foundation of the Central Blue Ridge

"We are very grateful anytime any organization, especially one as important as the Youth Philanthropy Council, takes the time to look at what we're doing." That's how the executive director of...more

Gresb Announces Majority Investment from General Atlantic'S Beyondnetzero Fund to ...

It's a sign of the times: A real estate research firm has been bought by a private equity firm in a deal that values the company at more than $1 billion. The New York Times reports on GRESB's...more

Unicef Backs Young Innovators To Tackle The Climate Crisis

"The climate time-bomb is ticking. We need to seize the opportunity to invest in credible innovations that can contribute to reaching our global targets," UN Secretary-General Ant ? nio Guterres...more

Greenmoney: Investing in the Future of Water and Sanitation

Matt Damon and Gary White are putting their money where their mouth is. The two are co-founder and CEO of WaterEquity, a nonprofit that aims to improve access to safe water and sanitation around...more

Repsol: Environmentalists Denounce It for Greenwashing

Repsol, Spain's largest oil and gas company, is under fire from environmental groups for "greenwashing" its fuelsmeaning using palm oil instead of natural gasand is now facing a lawsuit from another...more






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