Rockefeller Foundation

New Inclusive Creative Economy Strategy to demonstrate that the U.S. creative economy can deliver market rate returns alongside positive social impact

Retrieved on: 
tisdag, april 23, 2024
United Nations, Video, Investment, Rockefeller Foundation, Culture, Jeffrey Skoll, All in the Timing, Food, Toledo Museum of Art, Ford Foundation, Marguerite Casey Foundation, Woman, Conference, The Philadelphia Foundation, Democracy, Annual report, BIPOC, The arts, Rockefeller Philanthropy Advisors, Tom Cruise, Beauty, Visual arts, Skoll Foundation, Creativity, Museum, Growth, Creative industries

NEW YORK, April 23, 2024 /PRNewswire/ -- Upstart Co-Lab, a sponsored project of nonprofit Rockefeller Philanthropy Advisors, announced today the first dedicated impact investment portfolio for the U.S. creative economy. The Inclusive Creative Economy Strategy launches with nearly $15 million committed, including program related investments from foundations, recoverable grants from donor advised funds, and mission related investments from endowed arts organizations—plus general operating grants to Upstart in lieu of management fees. The U.S. creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts—even before considering film, fashion, video games, beauty, food, and other key commercial creative industries. Upstart's pipeline of qualified investment opportunities currently requires $100 million in growth capital.

Key Points: 
  • Because the creative economy values merit and originality it can help to build a more inclusive economic future.
  • At Upstart, we believe impact investing in the creative economy will contribute to the kind of economic prosperity that democracy depends upon."
  • Upstart is implementing the Strategy within ImpactAssets , an impact investment firm that has been a field trailblazer for more than a decade.
  • Upstart anticipates its demonstration portfolio will incentivize impact fund managers and wealth advisors to prioritize creative industry investment opportunities.

Energy Transition Accelerator Advances with New Secretariat, Expert Consultative Group

Retrieved on: 
fredag, april 19, 2024
Jeff Bezos, Rockefeller Foundation, SCALE, Energy transition, Partnership, Policy, Face, Environment, Private sector, Secretariat, Climate, EnergySolutions, Chairperson, LEAF, COP28, United, International Energy Agency, UN, CEEW, World Bank Group, Management, Sustainable energy, Developed country, Temperature, Government, World Bank, COP27, ETA, Diplomacy, Poverty, Ministry, Senior advisor, Renewable energy

"We must deliver innovative finance solutions at the speed and scale needed to transition to clean power and keep 1.5 degrees within reach.

Key Points: 
  • "We must deliver innovative finance solutions at the speed and scale needed to transition to clean power and keep 1.5 degrees within reach.
  • "Investment in the energy transition needs to rise seven-fold by 2030," said Dr. Andrew Steer, President and CEO of the Bezos Earth Fund.
  • The Energy Transition Accelerator, by insisting on the highest standards, can usher in a new phase of high integrity carbon crediting.
  • The Philippines also hopes to inform the global energy transition dialogue through its unique perspective of a privately-owned, market-driven, and unsubsidized power sector.

ACEN and Rockefeller Foundation Pilot Could Avoid up to 19 Million Tons of CO2 via Carbon Financing

Retrieved on: 
onsdag, april 17, 2024
Yee, Project, MAS, Climate change, Coal, CFPP, CCCI, Carbon dioxide, Climate, Rockefeller Foundation, Partnership, PDD, Electricity, Conference, Carbon, Wind, Retirement, RMI, COP28, Verra, CO2, Money, ACEN, SLTEC, Renewable energy

SINGAPORE, April 17, 2024 /PRNewswire/ -- ACEN Corporation and The Rockefeller Foundation announced today that the first Coal to Clean Credit Initiative (CCCI) pilot project under consideration in the Philippines could avoid up to 19 million tons of carbon dioxide (CO2) emissions. An RMI-led assessment supported by The Rockefeller Foundation explored the climate impact of leveraging carbon finance to close South Luzon Thermal Energy Corporation (SLTEC) coal plant in 2030 – ten years ahead of its scheduled retirement – and replacing it with clean power and battery storage, while supporting the livelihoods of workers affected by the plant's early transition.

Key Points: 
  • Announced during Financing Asia's Transition Conference, the analysis applied CCCI's draft methodology, currently under review by Verra, to assess SLTEC's eligibility for carbon financing.
  • Eric Francia, President & CEO of ACEN Corporation, said: "We are delighted to accomplish this important milestone of confirming the project's eligibility under CCCI's draft methodology.
  • This paves the way to fully develop the just transition plan and engage with potential buyers of carbon credits.
  • By 2025, ACEN hopes to finalize buyer discussions and reach a financial close for this world's first coal-to-clean carbon credit transaction.

Woochong Um Announced as CEO to Lead The Global Energy Alliance for People and Planet

Retrieved on: 
fredag, april 12, 2024
Pitney Bowes, Jeff Bezos, Lead, Education, Agriculture, Stichting IKEA Foundation, Rockefeller Foundation, Health, Heart, ADB, Developed country, CO2, COP26, Renewable energy

WASHINGTON, April 12, 2024 /PRNewswire/ -- The Global Energy Alliance for People and Planet (GEAPP) announced today the appointment of Mr. Woochong Um as its new Chief Executive Officer.

Key Points: 
  • WASHINGTON, April 12, 2024 /PRNewswire/ -- The Global Energy Alliance for People and Planet (GEAPP) announced today the appointment of Mr. Woochong Um as its new Chief Executive Officer.
  • "Securing a just energy transition is only possible if we urgently work together – there is no competition in this – just the race against ourselves and against time," said incoming GEAPP CEO Woochong Um.
  • In our initial two years, the alliance has shown powerful progress in advancing the transition to green energy.
  • "The appointment of Woochong Um as CEO of GEAPP is an inspired choice," said Dr. Andrew Steer, President & CEO of the Bezos Earth Fund.

Woochong Um Announced as CEO to Lead The Global Energy Alliance for People and Planet

Retrieved on: 
fredag, april 12, 2024
Pitney Bowes, Jeff Bezos, Lead, Education, Agriculture, Stichting IKEA Foundation, Rockefeller Foundation, Health, Heart, ADB, Developed country, CO2, COP26, Renewable energy

WASHINGTON, April 12, 2024 /PRNewswire/ -- The Global Energy Alliance for People and Planet (GEAPP) announced today the appointment of Mr. Woochong Um as its new Chief Executive Officer.

Key Points: 
  • WASHINGTON, April 12, 2024 /PRNewswire/ -- The Global Energy Alliance for People and Planet (GEAPP) announced today the appointment of Mr. Woochong Um as its new Chief Executive Officer.
  • "Securing a just energy transition is only possible if we urgently work together – there is no competition in this – just the race against ourselves and against time," said incoming GEAPP CEO Woochong Um.
  • In our initial two years, the alliance has shown powerful progress in advancing the transition to green energy.
  • "The appointment of Woochong Um as CEO of GEAPP is an inspired choice," said Dr. Andrew Steer, President & CEO of the Bezos Earth Fund.

Zambian Government and Partners Unveil New Financial Mechanism to Accelerate Energy Access through Mini-Grids

Retrieved on: 
torsdag, april 11, 2024
Excellency, Education, Agriculture, UN, Global Alliance, Generator, Hospital, Rockefeller Foundation, School, Sustainable energy, Electricity, Sustainable development, Initiative, Sustainable Development Goals, Economic development, SDG7, COP28, DRE, Special, Dulce Base, Government, Renewable energy

The Demand Stimulation Incentive will support rural development by powering productive uses of energy in communities currently lacking access to reliable electricity.

Key Points: 
  • The Demand Stimulation Incentive will support rural development by powering productive uses of energy in communities currently lacking access to reliable electricity.
  • Increasing access to reliable, affordable, and modern energy remains a key priority for the Government of Zambia and a critical enabler to bolster economic development in the country.
  • The launch of the 1000 Mini-grid Initiative at COP28 marked a significant milestone in Zambia's pursuit of sustainable development and energy accessibility.
  • "Zambia's leading the way with its vision to accelerate mini-grid electrification in the communities that have long gone without reliable, affordable energy.

Zambian Government and Partners Unveil New Financial Mechanism to Accelerate Energy Access through Mini-Grids

Retrieved on: 
torsdag, april 11, 2024
Excellency, Education, Agriculture, UN, Global Alliance, Generator, Hospital, Rockefeller Foundation, School, Sustainable energy, Electricity, Sustainable development, Initiative, Sustainable Development Goals, Economic development, SDG7, COP28, DRE, Special, Dulce Base, Government, Renewable energy

The Demand Stimulation Incentive will support rural development by powering productive uses of energy in communities currently lacking access to reliable electricity.

Key Points: 
  • The Demand Stimulation Incentive will support rural development by powering productive uses of energy in communities currently lacking access to reliable electricity.
  • Increasing access to reliable, affordable, and modern energy remains a key priority for the Government of Zambia and a critical enabler to bolster economic development in the country.
  • The launch of the 1000 Mini-grid Initiative at COP28 marked a significant milestone in Zambia's pursuit of sustainable development and energy accessibility.
  • "Zambia's leading the way with its vision to accelerate mini-grid electrification in the communities that have long gone without reliable, affordable energy.

NFID Announces 2024 Recipients of Prestigious Awards

Retrieved on: 
tisdag, april 9, 2024
RN, Maxwell Finland Award, COVAX, Health equity, HIV, Biomedical Research, Health, Patient, Epidemic, Infection, Rockefeller Foundation, Vaccine, Ageing, AIDS, International, Education, Policy, Master of Science, Woman, Gavi, World Health Organization, Immunization, Safety, Disease, Global health, Public, Research, Death, Mentorship, NFID, MPH, National Academy of Medicine, CPNP, COVID-19, IAVI, National academy, Developed country

BETHESDA, Md., April 9, 2024 /PRNewswire/ -- The National Foundation for Infectious Diseases (NFID) has announced the 2024 recipients of the prestigious NFID awards honoring outstanding individuals who have made significant and lasting contributions to public health through leadership, scientific achievement, philanthropy, and policy work. The following awards will be presented at the 2024 NFID Awards Gala in Washington, DC in September 2024:

Key Points: 
  • BETHESDA, Md., April 9, 2024 /PRNewswire/ -- The National Foundation for Infectious Diseases (NFID) has announced the 2024 recipients of the prestigious NFID awards honoring outstanding individuals who have made significant and lasting contributions to public health through leadership, scientific achievement, philanthropy, and policy work.
  • The following awards will be presented at the 2024 NFID Awards Gala in Washington, DC in September 2024:
    Seth F. Berkley, MD, of the Pandemic Center of Brown University, will receive the 2024 Jimmy and Rosalynn Carter Humanitarian Award in recognition of his work as an innovative entrepreneur, a pioneer in global health, and a champion of equitable access to vaccines.
  • The awards will be presented at the 2024 NFID Awards Gala and Silent Auction, a black-tie fundraising event scheduled for September 19, 2024, in Washington, DC.
  • All contributions support the NFID mission to educate the public and healthcare professionals on the prevention and treatment of infectious diseases.

Mad Capital Launches $50 Million Perennial Fund II to Scale Regenerative Organic Agriculture in US

Retrieved on: 
onsdag, mars 20, 2024
Finance, Consulting, Agriculture, Natural Resources, Professional Services, Health, AG, Climate change, Farmer, Risk, Eric, Climate, Capital, PFI, Nature, Carbon, Senior, Biodiversity loss, Schmidt Family Foundation, Rockefeller Foundation, PFII, Multimedia, Investment, Soil, Organic

Mad Capital launched its Perennial Fund II (PFII) to provide farmers in the United States with tailored loans that help them transition to regenerative organic farmland while also increasing farmer profits.

Key Points: 
  • Mad Capital launched its Perennial Fund II (PFII) to provide farmers in the United States with tailored loans that help them transition to regenerative organic farmland while also increasing farmer profits.
  • "Mad Capital is playing an integral role in the transition to regenerative organic agriculture.
  • Launched in 2019, Mad Capital has been actively lending to regenerative organic farmers for five years.
  • The PFII brings Mad Capital closer to its ultimate goal of financing 5,000,000 acres of regenerative organic farmland by the end of 2032.

GLOBAL CITIZEN NOW RETURNS TO NEW YORK WITH PAUL KAGAME, PRESIDENT OF RWANDA, MOKGWEETSI MASISI, PRESIDENT OF BOTSWANA, GASTON BROWNE, PRIME MINISTER OF ANTIGUA AND BARBUDA, PHILIP DAVIS, PRIME MINISTER OF THE BAHAMAS, JANJA LULA DA SILVA, THE FIRST LADY

Retrieved on: 
torsdag, mars 28, 2024
International Labour Organization, Human rights, United Nations, TriBeCa Productions, P&G, Vaccine, Policy, Courage, Gender, First lady, Authentic Brands Group, Education, TED, SVP, Economic development, Communication, Global Citizen, Jeff Bezos, PayPal, Global Citizen Prize, Ford Foundation, Ford, Climate change, Woman, EVP, Citizenship, Public policy, Food, Private sector, Poverty, Guardian, Rockefeller Foundation, Senait Fisseha, Health, Consumer, Bridgewater Associates, Buffett Foundation, Former, UN Women Goodwill Ambassador, CVC Capital Partners, Delta Air Lines, UN, Management

NEW YORK, March 28, 2024 /PRNewswire/ -- Global Citizen NOW, the summit driving action to end extreme poverty, returns to New York City for a third year, on May 1 and 2. Leaders from the worlds of public policy, media, entertainment, philanthropy, advocacy, and the private sector will convene for two dynamic days focused on taking action today to save tomorrow. 

Key Points: 
  • Global Citizen NOW co-chairs include long-time Global Citizen supporters Anitta, Danai Gurira, Hugh Jackman, Dakota Johnson, and Michelle Yeoh.
  • Political leaders co-chairing this year's summit include Paul Kagame, President of Rwanda; Mokgweetsi Masisi, President of Botswana; Gaston Browne, Prime Minister of Antigua and Barbuda; Philip Davis, Prime Minister of the Bahamas; Stefan Löfven, Former Prime Minister of Sweden; and Erna Solberg, Former Prime Minister of Norway.
  • Global Citizen NOW returns this May with a powerful two-day program focused on turning ideas into actionable impact to end extreme poverty NOW.
  • Applications are now open for media outlets to attend and cover Global Citizen NOW and Global Citizen Prize at Spring Studios in New York City May 1-2.