Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up

credit: Wikimedia Commons

The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people.

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... Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Waterequity Selected as 2023 Ia 50 Impact Investment Fund Manager
Foundation: Kellogg Foundation

For the fifth year in a row, WaterEquity has been named one of the leading impact investment managers in the world, the International Association of Advisors reports. WaterEquity focuses on...more

Waterequity Selected as 2023 Ia 50 Impact Investment Fund Manager

For the fifth year in a row, WaterEquity has been named as one of the top 50 impact investment managers in the world, a distinction it has earned thanks to its focus on solving the world's water and...more

Private Equity Firms Seek Piece of the Impact Investment Action

Private equity firm TPG recently announced it had raised $7.3 billion for its climate-focused impact fund, one of several such funds it has launched since 2016, making it "one of the biggest private...more

Religious Investors Put Their Faith in Impact Funds

The Church of England's $10 billion endowment will soon be putting its money where its mouth is. The church announced in January that it would set aside $100 million to compensate for its role in...more

Could Walter Cronkite Go Viral On TikTok?

TikTok, the social media app that's quickly becoming a "must-see" for anyone interested in the environment, has been named by Harvard University as one of the 10 "Climate Creators to Watch...more

3 Ways To Create A Learning Environment

"Every person's brain works in its own unique way." That's a quote from Carol Dweck, a professor of psychology and director of the Center for Leadership and Development at Stanford University,...more

Salesforce, Microsoft Get Creative With Clean Energy Procurement

Salesforce.com has signed a deal to buy 280,000 hours of clean power from renewable energy projects in Brazil, India, Southeast Asia, and Sub-Saharan Africa over the next eight years, the San...more

Private Sector Needs to Help Drive Forward Climate Change Innovation, Princess Noura Tells ...

Princess Noura Turki Al-Saud, wife of King Abdullah of Saudi Arabia, wants the private sector to step up its game when it comes to combating climate change, the Arab News reports. "That in itself...more

Made in Nigeria Car: Fg Urged to Create Enabling Environment for Creative Design Engineers

"The world is now on your palm, go and practice and become a master in the art," says Funmilade Akingbagbohu, chairman of the Nigerian Institution of Mechanical Engineers. Akingbagbohu was...more

Tribal Solar Projects Provide More Than Climate Solutions

"We are disrupting the broken fossil fuel-based energy system," says Cheri Smith, a co-founder of Covenant Solar, a nonprofit that has installed solar panels on the Northern Cheyenne Indian...more