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Carbon Offset Market Faces Chaos as African Mega-Project Collapses
The breakup of the partnership behind one of the world’s biggest carbon projects in Zimbabwe raises new doubts about the carbon market’s ability to backstop failures.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Africa’s Fashion Industry Expanding Globally but Requires Increased Investment – UNESCO
The demand for African fashion brands is also spurred by the growth in e-commerce, the UNESCO report noted.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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A New Approach to Philanthropy: Why the Sector Must Prioritize Systems Change — And How Funders Can Respond
As global development challenges like inequality and climate change worsen, philanthropy is increasingly focusing on systems change — i.e., efforts to address the complex root causes of societal problems, rather than simply addressing the problems themselves. Heather Grady at Rockefeller Philanthropy Advisors (RPA) explores why this new focus requires a different approach to philanthropic giving, and shares key learnings from RPA's Shifting Systems Initiative that could be useful to the broader philanthropic community working on systems change.
- Categories
- Investing
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Sustainable Packaging Startup Fibmold Secures $10 Million Funding From Omnivore, Accel
The startup claims to manufacture the packaging items from natural fibers, including bamboo, bagasse, husk, wheat straw, or even waste paper depending on the end-use.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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BiomEdit Lands $4.5 Million Bill & Melinda Gates Grant to Reduce Cattle Emissions in South Asia and Africa
The project will focus on smallholders and pastoralists in sub-Saharan Africa and South Asia with the goal of also improving these groups’ livelihoods.
- Categories
- Agriculture, Environment, Investing
- Region
- Global
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Press Release: IFC and DFC Invest in Pomona Impact Fund II to Foster Growth of SMEs, Strengthen Private Equity Markets in Central America
IFC and DFC's backing, with $7.5 million in equity investment from each institution, will enhance Pomona's support for SMEs.
- Categories
- Education, Health Care, Investing, WASH
- Region
- Latin America
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Pantheon Vision Raises $2.5 Million in Seed Funding to Launch Development of Bioengineered Corneal Implant
The medical device startup is focused on addressing significant unmet needs of patients suffering from corneal blindness around the world.
- Categories
- Health Care, Investing
- Region
- Global
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Press Release: John Deere Foundation Announces $19 Million in Grants Aimed At Eliminating Global Hunger
The John Deere Foundation announced a series of grants totaling $19 million aimed at eliminating hunger by increasing access to food, uplifting resource-constrained farmers, and supporting global food systems.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa