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Climate Group Funded by Bill Gates Slashes Staff in Major Retreat
Gates’ foundation shares many grant recipients with USAID, and he has predicted “millions of deaths” if the cuts are not restored.
- Categories
- Energy, Health Care
- Region
- Global
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Gender Incentives in Climate Finance: Doubling Down on Proven Approaches During Uncertain Times
With the endpoint of the SDGs just five years away, multiple factors have combined to undercut gender and climate-focused funding in several key global economies. Edward T. Jackson, Yiagadeesen Samy and Katie Turner argue that gender incentives in climate finance offer an effective solution to this dual challenge. They explore how these incentives can boost the supply of affordable, renewable energy, while improving wages and economic autonomy for women workers — and they argue that if there were ever a time to double down on this approach, it is now.
- Categories
- Energy, Environment, Investing
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Navigating the Crisis in Global Development: Job Boards, Career and Entrepreneurship Guidance and Other Resources
Drastic cuts at USAID and other key funders have sparked turmoil in the global development and social impact sectors. But they have also generated a large and growing response from individuals and organizations, who are working hard to ramp up their own funding and other programs, help newly unemployed workers find new jobs and careers, and provide other forms of support to those affected by the crisis. NextBillion has created this page to aggregate as many of these resources and opportunities as possible. We will continue to update it regularly with new links as the response to this crisis progresses.
- Categories
- Energy, Environment, Social Enterprise, Technology
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Africa’s Startup Funding Crisis Deepens as Mastercard Foundation Exits Top VC Firm
Mastercard Foundation pulls out of its $100 million commitment to African venture capital firm 54 Collective.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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European Investment Bank (EIB) Backs Africa Finance Corporation $750 Million Climate Resilient Infrastructure Fund
This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Analysis: China Won’t ‘Replace’ USAID in Africa
While China has spent tens of billions of dollars through trade and infrastructure project loans in Africa over the last decade, it spends significantly less on aid.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The Global Aid Industry is Repeating the Mistakes that Caused the 2008 Financial Crisis: A Warning from a Former Leader at Lehman Brothers
In 2008, the failure of a single institution, Lehman Brothers, triggered a global financial crisis — not because of Lehman alone, but because of the unseen interdependencies that held the world’s financial system together. According to David Davies at AgUnity, a leader at Lehman Brothers during the 2008 crisis, America is in the process of making the same catastrophic mistake in global aid. He explains why the collapse of USAID threatens to bring down the deeply interconnected global aid system, impacting hundreds of millions of people — and urges private foundations, philanthropists and impact investors to step up.
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Can New Africa Energy Bank Power a Continent While Protecting the Planet?
A long-planned bank to fund oil and gas projects in Africa must balance profit with climate considerations, experts say.
- Categories
- Energy
- Region
- Sub-Saharan Africa