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That's why the WEF has launched the Giving to Amplify Earth Action (GAEA), a global initiative to fund and grow new and existing public, private, and philanthropic partnerships to help unlock the $3 trillion needed each year to reach net zero, reverse nature loss, and restore biodiversity by 2050.
"Current funding is slow and inadequate, and a new approach is needed to get capital flowing," says Schwab.
"Philanthropic giving can address this, with unique qualities not found in other financing: it is nimble, more tolerant of risks, and is driven by values and long-term outcomes rather than quarterly returns."
The Giving to Amplify Earth Action has more than 45 partners, including BMW Foundation, Children's Investment Fund Foundation, Clean Air Fund, Climate Leadership Initiative, Eleven Eleven Foundation, Gordon and Betty Moore Foundation, Growald Climate Fund, IKEA Foundation, Laudes Foundation, Noa's Ark Foundation, Open Society Foundations, and the Rockefeller...
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The Ukrainian city of Rivne is trying to become the first city in the world to be carbon neutral by 2030, the Guardian reports.
According to the Telegraph, Ukraine has been grappling with a lack...more
The UN will hold its first-ever forum on science, technology, and innovation for sustainable development in May, with the goal of harnessing the "power of science, technology, and innovation to...more
With the world's ever-growing population and ever-changing eating habits, the world's food supply is in real danger of running out of food, according to a new report from the UN Food and Agriculture...more
Climate change isn't just bad for humans, it's bad for our mental health as well, according to a new report from Imperial College London.
The study, published in the Proceedings of the National...more
"The technologies serving Controlled Environment Agriculture have advanced at an exhilarating pace over the past decade," Rob Eddy, resource efficiency Horticulturist at the Resource Innovation...more
When you think of sustainability, you probably think of things like meeting the needs of the present without compromising the ability of future generations to meet their own needs.
But there's...more
Conduent, a global technology-led business solutions and services company, has announced an innovation initiative with Microsoft that will use Microsoft Azure OpenAI Service to bring the power of...more
India and Sweden are teaming up to help the world's steel, cement, and construction industries cut their greenhouse-gas emissions by 50% by 2030, the Guardian reports.
According to a press...more
"I felt like I was in a Lion King scene, seeing the views of the African desert."
That's how Rafaella Moreira Lopes describes her experience during spring break in Namibia, where she studied the...more
How do cities fare in the face of climate change? According to a study published in the journal BMC Public Health, they can either be "resilient" or "resilient"with "resilient" cities becoming more...more
Rivaayat is an initiative by Shri Ram College of Commerce, Delhi to revive various dying art form and solve innumerable problems faced by the artisans. Rivaayat began with reviving a 20,000-year-old art form of pottery that is a means of survival for 600 families residing in Uttam Nagar, Delhi.