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Development-bank climate funds seek new dollars, as competition heats up
The $8.3-billion Climate Investment Funds (CIF), currently the world’s largest multilateral climate financing instrument, help developing states pursue low-carbon development that protects them better from wilder weather and rising seas.
- Categories
- Environment, Finance, Investing
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Paycheck, Please: Why Jobs Are Better Than Charity
Those of us who “won the zip code lottery” by being born in a prosperous country often take for granted something that’s out of reach for many people around the world: a stable and satisfying job. Suzanne Skees explores how the Skees Family Foundation leverages the power of dignified, secure jobs to fight poverty – and highlights what they've learned from partner organizations about how to maximize the impact of job creation efforts.
- Categories
- Investing, Social Enterprise
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World Changing Ideas 2019: 17 winning solutions that could save the planet
Fast Company is excited to announce the winners of the 2019 World Changing Ideas awards. World Changing Ideas, now in its third year, celebrates businesses, policies, and nonprofits that are poised help shift society to a more sustainable and more equitable future.
- Categories
- Technology
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First-of-its-kind development impact bond launched in Cameroon to save newborn babies
The Cameroon Kangaroo Mother Care Development Impact Bond (Cameroon KMC DIB) aims to reach more than 2,200 newborns with life-improving care. Money will fund scale up of Kangaroo Mother Care (KMC) in Cameroon to help newborns survive and thrive.
- Categories
- Finance, Health Care, Investing
- Region
- Sub-Saharan Africa
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Major New UN Report Calls for Overhaul of Global Financial System
The report is a joint product of the Inter-agency Task Force on Financing for Development, which is comprised of more than 60 United Nations Agencies and international organizations.
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Press release: New Report Shows Chinese Philanthropy Sector Has Quadrupled to USD 23.4 Billion Since 2009
Published by AVPN and supported by The Rockefeller Foundation, Philanthropy in China is a first-of-its-kind report that looks beyond indices and rich-lists, and details the unique evolution and characteristics of Chinese giving, highlighting key trends, opportunities and challenges that philanthropists – both Chinese and international – can leverage to maximize their impact.
- Categories
- Investing
- Region
- Asia Pacific
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OPIC commits $8 million to support small farmer microlending in Myanmar
Proximity Finance, which designs its loans to meet the particular needs of smallholder farmers, is the microfinance arm of Proximity Designs, a social enterprise dedicated to serving Myanmar’s rural families.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
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The Key to Financing the SDGs: UN Task Force Seeks New Ideas for Digital Finance – Here’s How You Can Contribute
Most people know about the gap in financing the Sustainable Development Goals – estimated at around US $2.5 trillion per year. Yet few people seem to know what to do about it. According to Tillman Bruett, Secretariat Director for the UN Secretary-General’s Task Force on the Digital Financing of the SDGs, solving this problem will require creative new financing models – and the digital revolution may provide the answer. He discusses the UN's new call for ideas about how digital finance can help fund the SDGs – and invites all interested parties to respond.
- Categories
- Finance