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Here's what you need to know: The richest 1% of people on the planet have seen their wealth increase by an average of $2.7 billion per day since 2020.
That's the first time in 25 years that extreme wealth and extreme poverty have increased at the same time, according to Oxfam's "Survival of the Richest" report.
"While ordinary people are making daily sacrifices on essentials like food, the super-rich have outdone even their wildest dreams," says Gabriela Bucher, executive director of Oxfam International, per the Guardian.
Oxfam is calling for a wealth tax on the world's richest, arguing that such a tax could raise $1.7 billion a year, enough to lift 2 billion people out of poverty.
Giving to Amplify Earth Action: The WEF on Tuesday launched Giving to Amplify Earth Action, an initiative to increase philanthropic funding to tackle climate change and biodiversity loss, per the Guardian.
The group estimates that $3 trillion is needed to address climate change and biodiversity issues, and CEO Per Heggenes of the Ikea Foundation says it's "unacceptable" that just 2% of... Read the Entire ArticleSelected Grant News Headlines
The United Arab Emirates kicked off the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai on Sunday with a call for the world's youth to...more
For 90 years, the Monastery of the Angels was home to a cloistered community of Dominican nuns who lived, prayed, and baked their famous pumpkin bread on the rambling four-acre property tucked into...more
The next UN climate change summit will be held in the United Arab Emirates in November, and the country is making the most of that opportunity to get young people involved in the process.
The UAE...more
"The youth of today are the climate leaders of tomorrow."
So says Sultan Al Jaber, minister of industry and advanced technology in the United Arab Emirates, which is hosting the 28th session of...more
For more than a year, members of environmental protest group Last Generation have been glueing themselves to roads in Germany to call for tougher action against climate change.
Now mayors across...more
Washington state has been awarded $163.4 million from the Treasury Department to create five new capital access programs for small businesses.
The new funding will be used to launch an updated...more
When it comes to climate change, Maine has a lot on its plate.
The state is trying to reduce its carbon emissions to zero by the year 2029, and a new report from the Maine Climate Council finds...more
Greenhouse gas emissions are already causing major changes to the Earth's climate system, and it's only a matter of time before those changes result in more extreme weather and temperatures,...more
About 70% of all energy produced by humans is wasted as it's used to run large industrial plants, according to a Yale University study.
Now a Israeli startup is hoping to change...more
"If there was any doubt that climate change is an enduring part of the business agenda, the increased focus on sustainability by leaders over the past year should put it to rest," says Joe Ucuzoglu,...more
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Social Venture Network : 14 Social Entrepreneur Ideas
Devin Thrope, writing contributor at Forbes, shares his experience of attending the Social Venture Network (SVN), a national association of social entrepreneurs held in San Diego.
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