GEF

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.

MGM Alternative and the Global Esports Federation Ink Deal to Create Content Surrounding the Global Esports Games, Esports Athletes, and Gaming Lifestyle

Retrieved on: 
Friday, January 19, 2024

LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Today, MGM Alternative, a division of Amazon MGM Studios, and the Global Esports Federation announced a deal to create content surrounding the Global Esports Games, esports athletes, and the gaming lifestyle. In collaboration, MGM Alternative, which produces The Voice, Shark Tank, and Survivor, and GEF, which promotes the credibility, legitimacy, and prestige of esports globally, will work to develop new linear and streaming content, as well as live events within GEF's esports conventions and events.

Key Points: 
  • New linear and streaming content to be developed, as well as live events
    LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Today, MGM Alternative, a division of Amazon MGM Studios , and the Global Esports Federation announced a deal to create content surrounding the Global Esports Games, esports athletes, and the gaming lifestyle.
  • Esports has experienced unprecedented growth and success in recent years, with the global esports market estimated at US$4.2bn in 2024.
  • (Source: Statista, January 2024)
    "With the global interest in esports at an all-time high, we're eager to share the stories and excitement surrounding the Global Esports Games, their athletes, and the gaming lifestyle," said Barry Poznick, general manager, MGM Alternative.
  • Together, Global Esports and MGM Alternative will provide an innovative platform that will power growth and value for the world's esports community," said Paul J.

MGM Alternative and the Global Esports Federation Ink Deal to Create Content Surrounding the Global Esports Games, Esports Athletes, and Gaming Lifestyle

Retrieved on: 
Friday, January 19, 2024

LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Today, MGM Alternative, a division of Amazon MGM Studios, and the Global Esports Federation announced a deal to create content surrounding the Global Esports Games, esports athletes, and the gaming lifestyle. In collaboration, MGM Alternative, which produces The Voice, Shark Tank, and Survivor, and GEF, which promotes the credibility, legitimacy, and prestige of esports globally, will work to develop new linear and streaming content, as well as live events within GEF's esports conventions and events.

Key Points: 
  • New linear and streaming content to be developed, as well as live events
    LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Today, MGM Alternative, a division of Amazon MGM Studios , and the Global Esports Federation announced a deal to create content surrounding the Global Esports Games, esports athletes, and the gaming lifestyle.
  • Esports has experienced unprecedented growth and success in recent years, with the global esports market estimated at US$4.2bn in 2024.
  • (Source: Statista, January 2024)
    "With the global interest in esports at an all-time high, we're eager to share the stories and excitement surrounding the Global Esports Games, their athletes, and the gaming lifestyle," said Barry Poznick, general manager, MGM Alternative.
  • Together, Global Esports and MGM Alternative will provide an innovative platform that will power growth and value for the world's esports community," said Paul J.

GEF Capital Partners Completes Investment in Next Step Energy Solutions to Accelerate Growth

Retrieved on: 
Wednesday, January 17, 2024

ARLINGTON, Va., Jan. 17, 2024 /PRNewswire/ -- GEF Capital Partners ("GEF Capital"), a Washington, D.C. based sustainability-focused private equity firm, announced today that it has completed an investment in Next Step Energy Solutions ("NSES" or the "Company"), a leading provider of turnkey LED lighting system retrofit solutions.

Key Points: 
  • ARLINGTON, Va., Jan. 17, 2024 /PRNewswire/ -- GEF Capital Partners ("GEF Capital"), a Washington, D.C. based sustainability-focused private equity firm, announced today that it has completed an investment in Next Step Energy Solutions ("NSES" or the "Company"), a leading provider of turnkey LED lighting system retrofit solutions.
  • GEF Capital's investment in NSES will enable the Company to expand its customer base and geographic reach across the United States to meet the growing demand for comprehensive energy efficiency solutions.
  • GEF Capital's investment is a catalyst, propelling us to scale and serve an ever-expanding customer base with tailored solutions for achieving energy efficiency and realizing cost-saving objectives.
  • "The team at Next Step Energy Solutions has built a high-quality and innovative business driving energy efficiency and cost savings for a wide range of critical customers," said Stuart Barkoff, Managing Partner at GEF Capital, who led the NSES investment.

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.

Greenwich Economic Forum Gathers Top Global Alternative Investment Industry Executives at Flagship Event October 3-4, 2023

Retrieved on: 
Thursday, September 7, 2023

GREENWICH, Conn., Sept. 7, 2023 /PRNewswire/ -- Greenwich Economic Forum (GEF) today announced the preliminary speaker lineup for its sixth Annual Conference, taking place at the Delamar Greenwich Harbor Hotel this October 3 and 4.

Key Points: 
  • GREENWICH, Conn., Sept. 7, 2023 /PRNewswire/ -- Greenwich Economic Forum (GEF) today announced the preliminary speaker lineup for its sixth Annual Conference, taking place at the Delamar Greenwich Harbor Hotel this October 3 and 4.
  • LP attendees will include pension funds, endowments, foundations, sovereign wealth funds, insurance companies, family offices and other asset owners.
  • "We are curating an essential dialogue among the thought leaders, visionaries and experts who are shaping the future of the alternative investment landscape."
  • Jim Aiello, Co-Founder of GEF and Co-Chairman of the Greenwich Business Institute, added: "The Greenwich Economic Forum continues to build on the momentum of this year's transformative events in Miami and Hong Kong.

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.

GEF Capital Partners Announces the Final Close of GEF LatAm Climate Solutions Fund III with a total commitment of R$1.05 billion

Retrieved on: 
Wednesday, August 9, 2023

SAO PAULO, Aug. 9, 2023 /PRNewswire/ -- GEF Capital Partners, LLC ("GEF"), a global private equity firm focused on making investments addressing climate change and promoting sustainability, is pleased to announce the successful final close of its "GEF LatAm Climate Solutions Fund III" (the "Fund"). Securing R$1.05 billion in committed capital, the Fund is positioned to drive transformational impact in the middle-market sector, specifically focusing on opportunities that address climate change and pollution control in Brazil.

Key Points: 
  • SAO PAULO, Aug. 9, 2023 /PRNewswire/ -- GEF Capital Partners, LLC ("GEF"), a global private equity firm focused on making investments addressing climate change and promoting sustainability, is pleased to announce the successful final close of its "GEF LatAm Climate Solutions Fund III" (the "Fund").
  • GEF Capital Partners Announces the Final Close of GEF LatAm Climate Solutions Fund III with a total commitment of R$1.05 billion.
  • Introducing the GEF LatAm Climate Solutions Fund III, we are elated to announce our timely initiative to transform the world around us," says Anibal Wadih, Managing Partner at GEF Capital Partners.
  • GEF LatAm Climate Solutions Fund III demonstrates GEF's continued commitment to discovering and developing innovative solutions to environmental challenges through strategic, impactful investment, building upon its long-standing reputation as a pioneer in responsible investment.

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.