A customized collection of grant news from foundations and the federal government from around the Web.
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...Selected Grant News Headlines
PepsiCo has selected eight startups from the Middle East and North Africa region as finalists in its Mega Green Accelerator program, which aims to " nurture the next generation of innovators as they...more
Funding for green technologies is on the rise in India, and the country's biggest investment fund is aiming to raise $1 billion for a climate-related fund by 2022, Bloomberg reports.
The fund,...more
Foundation: Oshkosh Area Community Foundation
A nurse in Fond du Lac, Wis., is this year's recipient of the DAISY Award, given to those who go "above and beyond" to provide excellent patient care.
Haley Birschbach, a nurse in medical...more
It's time for the US to get serious about regulating artificial intelligence, according to a new report from a bipartisan group of senators.
The report from the Bipartisan Senate AI Working...more
Rayees Rahman may not be a household name, but he's the winner of a prestigious life-sciences investment competition in the United Arab Emirates.
The 21-year-old won the JP Morgan Asset...more
Foundation: GE Foundation
"You showed up in the classroom.
You showed up in the laboratory.
You showed up on Zoom.
And you showed up here today," University of Massachusetts Amherst Chancellor Javier Reyes told...more
The 14th annual Hawai'i Food & Wine Festival is scheduled to take place in October, and in addition to food and wine, festival-goers will get a chance to support local farmers, fishermen, and...more
More than 6.6 million people in the US are affected by alopecia areata, a disease that causes hair to fall out of the scalp and beard, usually before the age of 20.
There's currently no treatment...more
"In the dynamic home furnishings industry, excellence shines through industry professionals' dedication, innovation, and unwavering commitment."
That's what the Home Furnishings Association has...more
Rayees Rahman may not be a household name, but he's the winner of a prestigious life-sciences investment competition in the United Arab Emirates.
The 21-year-old won the JP Morgan Life Sciences...more
Vertical farms are designed in a way to avoid the pressing issues about growing food crops in drought-and-disease-prone fields miles away from the population centers in which they will be consumed.