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Due to the financial crisis of 2008, Wall Street and the financial sector are viewed as the bad guys by large parts of the country, especially those occupying the lower classes of life. To go into finance is seen as selling out. Yet the financial sector plays an important role in allocating funds to their most efficient uses as well.
Enter the idea of the philanthrocapitalist. By coupling the raw horsepower of capitalist strategies with social benefaction, innovators can enrich both themselves and society, instead of at society's expense. The Nature Conservancy is a prime example of this paradigm, using flood insurance programs to finance conservation efforts. The lesson here is clear: Solving the world's most difficult problems may depend on the collaboration of the best and the brightest of both the public and the private sectors.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Minneapolis Foundation
A federal judge has ordered the Trump administration to release $180 million in federal funding for environmental justice projects, including $60 million in the Pacific Northwest.The Environmental...more
Future Fabrics Expo 2025 is a sourcing and knowledge platform for sustainability in textiles and materials.New participants include RE-SOLVE Lab presenting circular solutions for fashion and...more
Kenya has four primary motor vehicle assemblers: Associated Vehicle Assemblers (AVA) in Mombasa, Kenya Vehicle Manufacturers (KVM) in Thika, Isuzu East Africa Limited (ISUZU) in Nairobi and...more
The Venice Architecture Biennale 2025 is about how architecture needs to adapt to climate change.Tosin Oshinowo's award-winning installation is inspired by Lagos markets, where discarded Western...more
African Island States Advance Ocean Partnerships and Finance Innovation at UN Ocean Conference | United Nations Economic Commission for Africa You are hereHome " Stories " African Island states...more
Morgan Stanley Climate Fund Invests $30 million in Methane Emissions Management Platform Insight M.Insight M is an energy sector-focused methane management solutions provider.The investment was made...more
"You also increase the likelihood of having severe sleep apnea by 40%," lead author says.The study used about two years of sleep data from more than 125,000 people worldwide.The risk of having a...more
The Fourth International Conference on Financing for Development (FFD4) presents a critical opportunity to reform financing at all levels.UNDP will host a side event at FFD4 in Seville titled "From...more
U.S.industrial emissions have been mostly unchanged, in part because of coal, gas and oil.EU's new Carbon Border Adjustment Mechanism imposes a tax on the emissions associated with imported steel,...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.