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These 14 billionaires just promised to give away more than half of their money like Bill Gates and Warren Buffett
Started in 2010 by Bill and Melinda Gates, worth $88.5 billion, and Warren Buffett, worth $74.2 billion, the Giving Pledge is a commitment by wealthy individuals and families to give away more than half of their wealth to causes including including poverty alleviation, refugee aid, disaster relief, global health, education, women and girls' empowerment, medical research, arts and culture, criminal justice reform and environmental sustainability.
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- Uncategorized
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Women Looking To Engage In Impact Investing
Women tend to be hungrier to engage with impact investing because it might resonate more with them than male counterparts, according to Mesch.
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- Investing
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World’s wealthy investing more in companies that care
Members, who include families and foundations as well as wealthy individuals, said the industry was becoming more mainstream.
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- Investing
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- ESG, impact investing, philanthropy
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Behavioural Nudges: Mildly Paternalistic or a Threat to Economic Justice for the Poor?
"Nudges” – ie: the use of behavioral science insights to steer human behavior – are increasingly seen as a cheap and effective way to achieve social goals. But according to social researcher Sally Brooks, there are some troubling questions about whether the use of nudges for business purposes is good for the poor. She explores the issue through the prism of digital financial inclusion in the era of fintech and big data.
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Bill Gates pumps $158 million into push to combat US poverty
The Bill and Melinda Gates Foundation said it will spend $158 million combating American poverty over the next four years. It comes as the foundation moves deeper into U.S. issues after largely focusing on global health and development. Critics have long challenged Gates to do more to help the poor at home in the U.S.
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How a Foundation is Looking to Help Millions of Young People Find Work in Africa
By 2035, there will be more young people entering Africa's workforce each year than in the rest of the world combined. Can that high-stakes challenge be solved with better training and education, savvy use of technology, and wider financial inclusion?
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- Sub-Saharan Africa
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NRD Foundation Supports Jibu with First Philanthropic Pledge
The foundation was inspired by Aziz Hashim, the successful multi-unit franchisee that created a franchise-focused private equity firm NRD Capital, to support social entrepreneurs and job growth around the world. The first focus for the foundation is Africa, where NRD Capital already has investments.
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- Sub-Saharan Africa
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- philanthropy
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Living Right: Buen Vivir Fund Heralds a More Democratic Kind of Impact Investing
“The Buen Vivir Fund,” notes Reines, “has created a system, referred to as Aportes, whereby borrowers make a solidarity contribution of their choosing that will remain in the fund for current and future projects. The structure of Aportes contrasts with the conventional investment operation of interest, in which money is paid at regular intervals at a particular rate and accrues earnings for the purpose of increasing return on investment to investors.”
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- Investing
