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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
"World Calls on China to Lead": Urgent Climate Demands Escalate Ahead of Pivotal Global Sustainability Transition Conference.China is positioned to lead global climate action with its dominance in...more
Report outlines four high-impact intervention areas from education and prevention to surveillance and treatment to guide funders and partners.AMR could cost Asia up to US$700 billion by 2050 and...more
The McGregor Lakes Area Foundation (MLAF) continues to make a meaningful impact by investing in the people and programs that strengthen the region.MLAF is a non-profit 501(c)3 organization based in...more
Leuven's Pilot City Activity aims to decarbonise heating in the city.The new heating systems will rely on green heating technologies that minimise environmental impact by reducing fossil fuel...more
National Planning Secretary Koney Samuel says the government must focus on high impact investments to transform the economy in the next five to 10 years.Mr Samuel said the country cannot afford to...more
ABC Impact, the Asia-focused impact investment firm, has successfully completed the final closing of its second fund at over USD 600 million.ADB's investment in ABC Impact Fund II reflects our...more
Game-changing heart health innovations pitched live at inaugural Catalyst Partnership Grants Showcase.The two-day event, held at the Grand Hyatt on 25 26 March, brought together more than 300 people...more
'Crucial for climate impact': Ag startups from APAC sought for new accelerator programme.Ten founders will be selected, with the programme culminating in a demo day on Thursday, November 6 in...more
ABC Impact's 2024 Impact Review highlights the firm's continued growth and strategic focus across sectors vital to Asia's sustainable development.The firm remains committed to deploying capital into...more
Impact in listed equities can deliver competitive returns, report says.Report by Schroders and the Said Business School.Findings challenge the assumption that purpose-driven investing requires...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
