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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 ArticleSelected Grant News Headlines
Foundation: Kellogg Foundation 
For the fifth year in a row, WaterEquity has been named one of the leading impact investment managers in the world, the International Association of Advisors reports.
WaterEquity focuses on...more
For the fifth year in a row, WaterEquity has been named as one of the top 50 impact investment managers in the world, a distinction it has earned thanks to its focus on solving the world's water and...more
Private equity firm TPG recently announced it had raised $7.3 billion for its climate-focused impact fund, one of several such funds it has launched since 2016, making it "one of the biggest private...more
The Church of England's $10 billion endowment will soon be putting its money where its mouth is.
The church announced in January that it would set aside $100 million to compensate for its role in...more
Environmental, social, and governance, or ESG, is a hot topic in the investment world, with more than $8.4 trillion invested in ESG-related equities and funds as of the end of 2022.
And it will...more
A Portuguese crowdfunding site that connects investors with social and environmental impact projects has raised more than $1 million in its latest round of funding.
Goparity, which has more than...more
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...more
In the UK, entrepreneurs from underrepresented groups are often shut out of investment opportunitiesuntil now.
That's about to change.
Big Issue Invest, the University of Edinburgh's Social...more
Environmental, social, and governance (ESG) issues have long been considered the No. 1 concern when it comes to potential investment opportunities, but a new report from the Global Impact Investment...more
A new study finds that states boycotting certain companies over environmental, social, and governance (ESG) concerns could cost them as much as $708 million a year in extra borrowing costs.
The...more
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10 Social Enterprise Success Stories across Europe
EU-Startups features 10 success stories about social enterprises across Europe making positive, social impact while making money at the same time.
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