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... Read the Entire ArticleSelected Grant News Headlines
When Tony's Chocolonely's, a Dutch chocolate maker, was sold to a Belgian investment firm last year, the company introduced a "golden vote" to make sure the sale didn't violate the firm's impact...more
Environmental, social, and governance (ESG) experts are out with a list of the world's best and worst companies when it comes to investing in climate change.
Here are the top 10, based on ESG's...more
One of the world's largest law firms has been named as one of the best in the world for its work in the area of impact investing.
Inbar magazine has named Morgan Lewis as one of the top 50 impact...more
It's been more than five years since Russia invaded and occupied Ukraine, but the country is still struggling to rebuild and attract foreign investment.
The Financial Times takes a look at the...more
Swiss impact investment firm Blue Earth Capital has invested more than $16 million in an Indian company that aims to help small farmers cope with climate change, the BBC reports.
The investment...more
"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more
When it comes to environmental, social, and governance (ESG) considerations when investing, Malaysia is at the top of the list, according to Digital Edge Malaysia.
And that's not just because the...more
Three women from Australia's Indian community have been named in the country's Order of Australia for their contributions to society.
Harinder Kaur, 29,Niharika Hiremath, 29, and Sakshi Thakur,...more
Pritika Mehta, an Indian-American entrepreneur who holds a master's in artificial intelligence from the State University of New York, is "shaping the pathway for Indian startups looking to plunge...more
"San Francisco is about the same size as my hometown, Chandigarh," Pritika Mehta tells Hindustan Times.
"But this small city has changed the world....
The kind of conversations that happen...more
iPass, a telecommunications provider, will give free internet access to 100 non-government organizations (NGOs) for a year as they work in dangerous countries to help its poor and underserved populations.