Home
About Us
Matt Damon and Gary White are putting their money where their mouth is.
The two are co-founder and CEO of WaterEquity, a nonprofit that aims to improve access to safe water and sanitation around the world, USA Today reports.
"Access to safe water and sanitation is a fundamental human right under binding international law," White says in a press release.
"Yet today, a global water crisis still persists."
According to the UN, more than 3.5 billion people worldwide lack access to safely managed sanitation and more than 2.2 billion people lack access to safe water.
WaterEquity estimates that if 600 million low-income people could get financing for water and sanitation services over the next decade, the market would be worth $35 billion.
WaterEquity has made more than $360 million in investments in four private investment funds that have reached more than 5 million people with increased access to safe water and sanitation.
And 93% of the people taking out the micro loans are women.
"Ensuring equitable access to safe water and sanitation cannot be accomplished without giving women the power and the capital to solve for their futures," White says in the press release.
WaterEquity's investment funds lend money to financial institutions in developing countries to expand water and sanitation lending.
The loans are repaid at an average rate of 97%
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
California must consider how to increase interest in teaching and lower the cost of and barriers to entering the profession.AB-1128, a bill under consideration in the legislature, proposes a...more
Mondelēz's Sustainable Futures Impact Investment platform said the capital "further advance[s] scalable, high-impact solutions at the nexus of climate, community, and circularity" The companies...more
South African recycling startup Regenize has secured an undisclosed investment from E Squared Investments.The deal combines philanthropic goals with venture capital methods to support scalable,...more
Cambridge-based Remedium was named winner of the Climate Impact Prize at the Net Zero Technology Centre's annual TechX Demo Day in Aberdeen.The prize is given to the startup with the most promising...more
Sustainable Times is a media partner for this event, which takes place on June 24-25, 2025, at ExCeL London, as part of London Climate Action Week.RESET Connect provides a network of potential...more
Rad AI announces an additional $8 million investment led by four health systems.Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System lead the investment.Rad AI...more
MedTech CellCentric has raised 90m in fresh funding.The money will support the advancement of the Cambridge company's oral treatment for multiple myeloma, inobrodib.The financing was co-led by RA...more
Impact investing can be a valuable financial tool for private-market investors seeking to manage risk.Impact funds direct capital to companies that generate impact environmental and social...more
Impact Investing Principles for Pensions updated to reflect changing market environment.Pensions Age Magazine is published by Pensions & Investment Association.For more information, visit...more
Measuring AI's impact requires clear metrics.To evaluate AI's return on investment (ROI), healthcare organizations focus on four key metrics in the contact center.Narrowing AI implementation to...more
Social Innovation News from...
MacArthur Foundation
Skoll Foundation
Rockefeller Foundation
Changemakers
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
