Stichting IKEA Foundation

Washington Trust Appoints Debra M. Paul and Angel Taveras To Board of Directors

Retrieved on: 
Monday, February 12, 2024

WESTERLY, R.I., Feb. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), announced the appointment of Debra M. Paul and Angel Taveras, Esq.

Key Points: 
  • WESTERLY, R.I., Feb. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), announced the appointment of Debra M. Paul and Angel Taveras, Esq.
  • to the Board of Directors (the "Board") of Washington Trust Bancorp, Inc. (the "Corporation") and its subsidiary bank, The Washington Trust Company, effective March 1, 2024.
  • Ms. Paul is a board member and Audit Committee Chair for both Blue Cross Blue Shield Rhode Island and Amica Mutual Insurance Company.
  • "The depth and diversity of their professional experiences, skills, and community leadership will bring new perspectives and insight to our Board."

$13.5M DEVELOPMENT IMPACT BOND FOR REFUGEES EXCEEDS EXPECTATIONS

Retrieved on: 
Wednesday, November 29, 2023

AMMAN, Jordan, Nov. 29, 2023 /PRNewswire/ -- The IKEA Foundation, Novo Nordisk Foundation, Norad, the U.S. International Development Finance Corporation (DFC), Ferd, and KOIS have received its first payment-linked evaluation results of the 'Refugee Impact Bond' (DIB) launched in Jordan in October 2021. The DIB funds a micro-enterprise creation program delivered by Near East Foundation (NEF) to help vulnerable Jordanians and Syrian refugees recover their livelihoods and build their resilience. 

Key Points: 
  • The DIB funds a micro-enterprise creation program delivered by Near East Foundation (NEF) to help vulnerable Jordanians and Syrian refugees recover their livelihoods and build their resilience.
  • In May and June 2023, the Refugee DIB's independent evaluator, Mathematica, surveyed a sample of grantees from the program's first cohort.
  • The survey measured various outcomes related to grantees' businesses, as well as their employment status and income from employment.
  • The payment metric was high across demographic subgroups, remaining above 98 percent for both genders, refugees and Jordanians, and youth and adults.

The Rockefeller Foundation: The World Can Limit Global Warming to 1.9 °C by 2090

Retrieved on: 
Wednesday, November 29, 2023

NEW YORK, Nov. 29, 2023 /PRNewswire/ -- Ahead of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), The Rockefeller Foundation's new report identifies the core components of global action needed to prevent global warming from breaking 2 degrees Celsius (°C) by 2090. Analyzing data from 190 countries, the best-case scenario in Vulnerable Populations in a Warming World: Four Futures Explored requires developed and emerging economies to rapidly decarbonize while also supporting widespread access to renewable energy in the world's most energy-poor countries. With input from The Climate Impact Lab at Rhodium Group and Catalyst Partners, The Rockefeller Foundation's analysis also demonstrates the tangible effects of increased heat on health and mortality, agriculture and nutrition, and energy consumption across four global temperature scenarios ranging from 1.9 °C to 4.5 °C.

Key Points: 
  • While only responsible for 8% of the emissions currently accumulated in the atmosphere, energy-poor countries are often the most vulnerable to the impacts of climate change.
  • In the "Business as Usual" scenario, the world warms by 2.8 °C by 2090 because previous emissions trends for developed, emerging, and energy-poor countries continue along their current trajectory.
  • This report follows The Rockefeller Foundation's commitment to invest over $1 billion in advancing the global climate transition and achieving a science-based Net Zero standard for its operations globally.
  • Then, The Rockefeller Foundation committed $500 million, which remains its largest single investment.

Kenya's President Ruto appoints Joseph Ng'ang'a of the Global Energy Alliance for People and Planet as CEO of the Africa Climate Summit

Retrieved on: 
Friday, June 9, 2023

The summit marks a critical staging post for African countries and the world to achieve its climate goals.

Key Points: 
  • The summit marks a critical staging post for African countries and the world to achieve its climate goals.
  • Simon Harford, CEO of GEAPP said: "GEAPP is delighted to support the vision of President Ruto and the African Union Commission.
  • This summit will generate transformative change by accelerating collaboration and climate action, mobilising climate finance and renewable energy adoption, and implementing nature-based solutions.
  • Mr Ng'ang'a was joined at State House in Nairobi, by Simon Harford, CEO GEAPP, and William Asiko, Vice-President, The Rockefeller Foundation Africa.

Kenya's President Ruto appoints Joseph Ng'ang'a of the Global Energy Alliance for People and Planet as CEO of the Africa Climate Summit

Retrieved on: 
Friday, June 9, 2023

The summit marks a critical staging post for African countries and the world to achieve its climate goals.

Key Points: 
  • The summit marks a critical staging post for African countries and the world to achieve its climate goals.
  • Simon Harford, CEO of GEAPP said: "GEAPP is delighted to support the vision of President Ruto and the African Union Commission.
  • This summit will generate transformative change by accelerating collaboration and climate action, mobilising climate finance and renewable energy adoption, and implementing nature-based solutions.
  • Mr Ng'ang'a was joined at State House in Nairobi, by Simon Harford, CEO GEAPP, and William Asiko, Vice-President, The Rockefeller Foundation Africa.

The IKEA Foundation Pledges More Than €11 Million in Emergency Humanitarian Aid for Sudan

Retrieved on: 
Thursday, June 8, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Intense fighting broke out in Khartoum, Sudan on 15 April and has since spread to other parts of the country.
  • Sudan is also hosting more than one million refugees who have fled violence in neighbouring countries.
  • Per Heggenes, CEO of the IKEA Foundation, said: “The violence in Sudan is a devastating human tragedy.
  • We are very grateful for the IKEA Foundation stepping in to assist and pleased to offer shelter to 15,000 individuals affected by the crisis.

New Study Finds Cancelling Coal Plants as Cost-Effective Way to Cut Global CO2 Emissions

Retrieved on: 
Tuesday, May 30, 2023

JAKARTA, Indonesia, May 30, 2023 /PRNewswire/ -- The Institute for Essential Services Reform (IESR), a leading energy and environment think tank based in Jakarta, Indonesia, released a first-of-its-kind analysis, commissioned by The Rockefeller Foundation, which examines what it would take to prevent planned coal plants from being built. Delivering Indonesia's Power Sector Transition found that nine coal plants in Indonesia could be cancelled with minimal repercussions for supply or grid stability and affordability, while avoiding an estimated 295 million tons of CO2 emissions. The study recommends cancelling planned, permitted, or pre-permitted plants as one of the most cost-effective and environmentally impactful approaches to accelerating just energy transitions in Indonesia.

Key Points: 
  • Delivering Indonesia's Power Sector Transition found that nine coal plants in Indonesia could be cancelled with minimal repercussions for supply or grid stability and affordability, while avoiding an estimated 295 million tons of CO2 emissions.
  • The study recommends cancelling planned, permitted, or pre-permitted plants as one of the most cost-effective and environmentally impactful approaches to accelerating just energy transitions in Indonesia.
  • Our team used satellite images to track plants' development progress over time," said Fabby Tumiwa, Executive Director of IESR.
  • IESR's analysis found that cancelling the nine plants:
    Would avert 295 million tons of CO2 emissions.

Sir Alok Sharma Joins The Rockefeller Foundation to Advance Global Development and Climate Action Goals

Retrieved on: 
Monday, May 22, 2023

In this role, he will support The Rockefeller Foundation's efforts to unlock greater and more effective financing to help advance global development and climate action goals.

Key Points: 
  • In this role, he will support The Rockefeller Foundation's efforts to unlock greater and more effective financing to help advance global development and climate action goals.
  • In 2021 as COP26 President, Sir Alok led the UK's work in bringing nearly 200 countries together to commit to take action on climate change.
  • At the launch, Sir Alok said : "I am delighted that the Global Energy Alliance for People and Planet is launching at COP26.
  • Sir Alok will undertake this new role on an unpaid basis alongside his work as a UK Member of Parliament for Reading West.

Bengaluru waste pickers in the driver's seat of new textile recycling initiative

Retrieved on: 
Wednesday, May 17, 2023

Out of total textile waste circulation in the country, domestic post-consumer collection contributes 51%, 42% comes from pre-consumer sources, and 7% is imported post-consumer waste.

Key Points: 
  • Out of total textile waste circulation in the country, domestic post-consumer collection contributes 51%, 42% comes from pre-consumer sources, and 7% is imported post-consumer waste.
  • Innovations in textile waste management are emerging, but as of yet, the economic value chain bypasses the waste picker.
  • There, CAIF will work with 6-7 waste entrepreneurs running the DWCCs to adopt the Circular Textiles Waste Model, by building textile waste sorting capacity at their centers and training the waste sorters and waste pickers in the handling of this kind of waste.
  • Their intervention will focus on enabling textile waste collection, sorting, and selling to generate revenue for waste pickers.

Bengaluru waste pickers in the driver's seat of new textile recycling initiative

Retrieved on: 
Wednesday, May 17, 2023

Out of total textile waste circulation in the country, domestic post-consumer collection contributes 51%, 42% comes from pre-consumer sources, and 7% is imported post-consumer waste.

Key Points: 
  • Out of total textile waste circulation in the country, domestic post-consumer collection contributes 51%, 42% comes from pre-consumer sources, and 7% is imported post-consumer waste.
  • Innovations in textile waste management are emerging, but as of yet, the economic value chain bypasses the waste picker.
  • There, CAIF will work with 6-7 waste entrepreneurs running the DWCCs to adopt the Circular Textiles Waste Model, by building textile waste sorting capacity at their centers and training the waste sorters and waste pickers in the handling of this kind of waste.
  • Their intervention will focus on enabling textile waste collection, sorting, and selling to generate revenue for waste pickers.