How Innovative Philanthropic Collectives Are Driving Climate Action

Deforestation in south-east Asia could slash the region's GDP by 35%, according to a new report from Reuters.

And that's not all.

The report also finds that $100 billion pledged to fight climate change in 2015 has been used to open ice-cream parlors in Asia, build a coal plant in Bangladesh, and make a love story out of a rainforest in Argentina.

It's all thanks to what Reuters calls a "new generation of philanthropists" who are frustrated by a lack of progress on climate change.

"If we don't address climate change at a local level and make it beneficial for communities, we aren't going to solve the crisis," Tom Hall, Global Head of Social Impact and Philanthropy at UBS, tells Reuters.

That's why UBS launched the UBS Climate Collective in 2021 to bring together like-minded philanthropists to find sustainable solutions.

"Climate change can't be solved by individual organizations alone," Hannah Wood, Program Director for Climate & Environment at the UBS Optimus Foundation, tells Reuters.

" Collective Philanthropy provides the mechanisms to do this."

One example of collective philanthropy is the development of an app called KarbonMap, which allows anyone to collect data on the regeneration of mangrove forests and upload it to the Read the Entire Article


Selected Grant News Headlines

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

Can Investors Safeguard a Company'S Impact Mission?

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

Impact Investing Emerges as Priority

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

Morgan Lewis Nationally Recognized as a Leading Firm for Impact Investing in Chambers Usa 2024

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

The Untapped Market for Impact Investing in Ukraine

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

Samunnati Secures Rs 133 Crore in Debt Financing from Blue Earth Capital

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

Kpmg Launches 'Ai Impact Initiative' to Bring Ai Technology to Nonprofits

"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

Ideas: Tech Powers New Era of Impact Investing

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

Women Only: Indian Links in Kings Birthday Honours 2024

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

Indian-American Entrepreneur Pritika Mehta'S Guidance for Indian Ai Startups

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

Ht Exclusive: Indian-American Entrepreneur Pritika Mehta'S Vision for Aspiring ...

"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






Social Entrepreneurship
Spotlight



Social Entrepreneurs to Get Free WiFi Access


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.



Federal Government Grant and Assistance Programs


ARRAHealth Information Technology and Public Health | Affordable Care Act (ACA) Prevention Center for Healthy Weight | Energy Efficiency and Renewable Energy Information Dissemination, Outreach, Training and Technical A | Alaska Native/Native Hawaiian Institutions Assisting Communities | ARRA Training in Primary Care Medicine and Dentistry | Extramural Research Programs in the Neurosciences and Neurological Disorders | Denali Commission Program | Great Lakes Program | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders