A customized collection of news from foundations from around the Web.
"To reach the speed and scale required to heal the earth's systems, we need to unlock not only private capital and government funds, but also the philanthropy sector as a truly catalytic force to achieve the necessary acceleration."
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," Schwab says.
"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."
Giving to Amplify Earth Action is supported by more than 45 partners, including the African Climate Foundation, Andre Hoffmann Family Office, the Arab Foundations Forum, Bezos Earth Fund, BMW Foundation, Children's Investment Fund Foundation, the Clean
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"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
The concept of "impact investing" has taken off in recent years, with more than $1 trillion in assets under management.
But a new study out of Harvard Business School suggests that while impact...more
"All investments are impact investments," says Adam Spence, CEO of SVX, a non-profit financial services firm that has just launched Canada's first index designed to measure the impact of investments...more
Environmental, social, and governance (ESG) investing has gained popularity in recent years as clients seek to align their investments with their values and promote positive change in the...more
Foundation: Silicon Valley Community Foundation, California Endowment
In 2024, Los Angeles will host the Mission Investors Exchange 2024 National Conference, an annual conference that brings together more than 750 philanthropy and impact investing leaders from across...more
Foundation: California Community Foundation, California Endowment
Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more
In what may be a first for a major US city, Los Angeles has been chosen as the site of the 2024 Mission Investors Exchange National Conference, a conference that will focus on "investing in social...more
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food,...more
"No one country and no one organization can achieve this alone," says GEAPP Chief Communications Officer Kate Wills.
"This is why we are committed to forming an ever widening and diverse alliance...more
The University of Utah's Wilkes Center for Climate Science and Policy has narrowed its list of finalists for its $500,000 Climate Launch Prize to seven.
The goal of the prize, which is one of the...more
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.