Global Environment Facility

NESPRESSO WILL INVEST 20 MILLION USD IN DRC TO SUPPORT THE COFFEE GROWING COMMUNITY AND THE REVIVAL OF THE SPECIALTY COFFEE

Retrieved on: 
Wednesday, March 27, 2024

VEVEY, Switzerland, March 27, 2024 /PRNewswire/ -- Nespresso aims to continue to support the local community and economy by investing 20 million USD spent across coffee purchases, price premiums and technical assistance, by 2026 in the Democratic Republic of Congo (DRC), helping to give coffee farmers access to the global markets. The ambition is also to help support fund raising of an additional 20 million USD to support the coffee growing communities in Kivu. This initiative is part of the unique Nespresso Reviving Origins program, founded 10 years ago, aiming to restore coffee agriculture in regions where it is under threat.

Key Points: 
  • The ambition is also to help support fund raising of an additional 20 million USD to support the coffee growing communities in Kivu.
  • This initiative is part of the unique Nespresso Reviving Origins program, founded 10 years ago, aiming to restore coffee agriculture in regions where it is under threat.
  • With the continued investment of 20 million USD in the region, as well as with the ambition to support to raise funds of another 20 million USD, Nespresso aims to continue the work to back the revival of the DRC coffee sector.
  • Finally, since 2020 Nespresso have been collaborating with an impact digital start-up to verify and trace the coffee by harnessing the power technology.

NESPRESSO WILL INVEST 20 MILLION USD IN DRC TO SUPPORT THE COFFEE GROWING COMMUNITY AND THE REVIVAL OF THE SPECIALTY COFFEE

Retrieved on: 
Wednesday, March 27, 2024

VEVEY, Switzerland, March 27, 2024 /PRNewswire/ -- Nespresso aims to continue to support the local community and economy by investing 20 million USD spent across coffee purchases, price premiums and technical assistance, by 2026 in the Democratic Republic of Congo (DRC), helping to give coffee farmers access to the global markets. The ambition is also to help support fund raising of an additional 20 million USD to support the coffee growing communities in Kivu. This initiative is part of the unique Nespresso Reviving Origins program, founded 10 years ago, aiming to restore coffee agriculture in regions where it is under threat.

Key Points: 
  • The ambition is also to help support fund raising of an additional 20 million USD to support the coffee growing communities in Kivu.
  • This initiative is part of the unique Nespresso Reviving Origins program, founded 10 years ago, aiming to restore coffee agriculture in regions where it is under threat.
  • With the continued investment of 20 million USD in the region, as well as with the ambition to support to raise funds of another 20 million USD, Nespresso aims to continue the work to back the revival of the DRC coffee sector.
  • Finally, since 2020 Nespresso have been collaborating with an impact digital start-up to verify and trace the coffee by harnessing the power technology.

COP28: Canada Daily Highlights - December 4, 2023

Retrieved on: 
Monday, December 4, 2023

The Minister attended the Fossil Fuel Subsidy Reform Forum, where he shared Canada's experience and leadership in phasing out inefficient fossil fuel subsidies.

Key Points: 
  • The Minister attended the Fossil Fuel Subsidy Reform Forum, where he shared Canada's experience and leadership in phasing out inefficient fossil fuel subsidies.
  • The Regulations are expected to reduce oil and gas methane emissions from 2012 levels by at least 75 percent by 2030.
  • Climate finance: Minister Guilbeault announced Canada's contribution of $34.2 million to the Global Environment Facility's Special Climate Change Fund (SCCF).
  • The CSA and France's space agency (CNES) highlighted the recent signing of the Space for Climate Observatory charter by Canada.

As a first move at COP28, Canada announces support for developing countries to address loss and damage due to climate change

Retrieved on: 
Friday, December 1, 2023

Canada is committed to helping developing countries address climate-related loss and damage.

Key Points: 
  • Canada is committed to helping developing countries address climate-related loss and damage.
  • Canada was an early advocate for the need to make progress on the issue of loss and damage at COP27 in 2022.
  • – The Honourable Steven Guilbeault, Minister of Environment and Climate Change
    "Canada continues to stand by developing countries as they confront the effects of climate change.
  • G20 members committed to working together to implement the move forward on loss and damage, including a fund.

WWF applauds the adoption of the Global Biodiversity Framework Fund

Retrieved on: 
Friday, August 25, 2023

VANCOUVER, BC, Aug. 24, 2023 /CNW/ - WWF welcomes today's adoption of the Global Biodiversity Framework Fund (GBFF) at the Seventh Assembly of the Global Environment Facility (GEF).

Key Points: 
  • VANCOUVER, BC, Aug. 24, 2023 /CNW/ - WWF welcomes today's adoption of the Global Biodiversity Framework Fund (GBFF) at the Seventh Assembly of the Global Environment Facility (GEF).
  • "Having moved from a mandate in Montreal to a financially-backed reality in Vancouver in just eight months, the adoption of the GBFF is an initial step towards tackling the global biodiversity crisis.
  • The world needs a robust GBFF to help to close the global biodiversity finance gap."
  • WWF applauds Canada's commitment of US$147 million (CAD$200 million), and the United Kingdom's US$12 million (GBP$10 million) to capitalize the fund.

Prelude Ventures Welcomes Matt Eggers as Managing Director

Retrieved on: 
Wednesday, August 23, 2023

SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Prelude Ventures, a venture capital firm which invests in and supports early-stage startups with the greatest potential to mitigate climate change, today announced that Matt Eggers has joined the firm as a Managing Director. With extensive experience working with early-stage companies, Eggers will focus on growing the firm's investment portfolio and building companies that will mitigate climate impact.

Key Points: 
  • SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Prelude Ventures, a venture capital firm which invests in and supports early-stage startups with the greatest potential to mitigate climate change, today announced that Matt Eggers has joined the firm as a Managing Director.
  • Prior to joining Prelude Ventures, Mr. Eggers was a Partner at Breakthrough Energy Ventures where he led investments in early stage climatetech companies.
  • I am excited to join Prelude, with its decades-long history of building amazing climatetech companies and its dynamic and strong team," said Mr. Eggers.
  • "We are thrilled to welcome Matt to Prelude," said Gabriel Kra, co-founder and managing director at Prelude Ventures.

Canada to host an international Ministerial on Nature conference to keep driving forward global momentum on biodiversity protection following COP15 in Montréal

Retrieved on: 
Tuesday, August 22, 2023

Canada helped broker this international Framework last December in Montréal and is intent on following up with sustained action.

Key Points: 
  • Canada helped broker this international Framework last December in Montréal and is intent on following up with sustained action.
  • Earlier this year, Canada hosted a National Biodiversity Symposium to engage Canadians in the development of Canada's 2030 Biodiversity Strategy.
  • This ministerial meeting is all about keeping up the momentum from COP15 in Montréal and ensuring the ambitious Global Biodiversity Framework goals are implemented across the world."
  • Canada is currently hosting the Global Environment Facility Assembly where Governments are expected to launch the Global Biodiversity Framework Fund.

The Bezos Earth Fund announces $50 million in grants for the protection and sustainable development of the Brazilian Amazon

Retrieved on: 
Friday, June 30, 2023

BRASÍLIA, Brazil, June 30, 2023 /PRNewswire/ -- The Bezos Earth Fund today announced it has awarded $50 million in grants to support conservation and sustainable development in the Amazon.

Key Points: 
  • BRASÍLIA, Brazil, June 30, 2023 /PRNewswire/ -- The Bezos Earth Fund today announced it has awarded $50 million in grants to support conservation and sustainable development in the Amazon.
  • "The future of the Brazilian Amazon is critical to our planet and to the Indigenous Peoples and local communities who call it home," said Lauren Sánchez, Vice Chair of the Earth Fund.
  • "Prosperity and sustainability can go hand in hand — protecting the Amazon Rainforest is good for people and for the planet."
  • The Earth Fund granted the Environmental Defense Fund, leading Brazilian NGOs, and Indigenous organizations $9.7 million to provide training and legal and logistical support to Indigenous and community leaders in two Brazilian States.

COP15: Daily highlights - December 16, 2022

Retrieved on: 
Saturday, December 17, 2022

More and more countries are joining our callto unite around the goal of protecting 30 percent of the world's lands and waters by 2030.

Key Points: 
  • More and more countries are joining our callto unite around the goal of protecting 30 percent of the world's lands and waters by 2030.
  • And a responsibility to agree to measures globally to put the world on a pathway to recovery this decade.
  • To reconcile our lives, our economies, our businesses, our politics with the natural world on which we depend."
  • Today, Minister Guilbeault participated in the High Ambition Coalition (HAC) for Nature and People press conference.

Statement by the Honourable Steven Guilbeault on the opening of the high-level segment of COP15

Retrieved on: 
Thursday, December 15, 2022

"At COP15 here in Montral, there are several key issues we need to land to reach an ambitious global biodiversity framework.

Key Points: 
  • "At COP15 here in Montral, there are several key issues we need to land to reach an ambitious global biodiversity framework.
  • "Canada is urging the world to take a good look at what the science says we need to put in place before it is too late.
  • We need clear targets and actions that address the key direct drivers of global biodiversity loss.
  • And to do that, the framework needs to address both of the twin crises of biodiversity loss and climate change.