The Cataract Fund launched in March 2018 is an example of an innovative development impact bond launched to fund cataract surgeries among low-income patients in the sub-Saharan region. The pay for performance loan is developed by the Cataract Bond Design Coalition, a collaboration between Outcome Funders – The Fred Hollows Foundation, Conrad N Hilton Foundation, and Sightsavers, Bond Manager
The World Bank came out with a $150 million Wildlife Conservation Bond (WCB), the first of its kind globally. an impact-focused Sustainable Development Bond to protect black rhinos in South Africa and support local communities. This intense publication discusses the Wildlife Conservation Bond issued by the World Bank. An in-depth analysis of the bond discusses various facets of the new financial innovative
The middle Road with Ukraine The situation in Ukraine remains grim despite Ukraine’s spirited and inspiring response to Russia’s attack. The middle Road stands firmly with the people of Ukraine. The humanitarian crisis worsens in Ukraine, with more than 3.3 million fleeing the war. The European Union has been swift in its response to help Ukrainian refugees through the Cohesion’s Action for
The middle Road with Ukraine The humanitarian situation in Ukraine remains grim despite Ukraine’s emotional, fluid and inspiring response to Russia’s attack. The middle Road stands firmly with the people of Ukraine. The humanitarian crisis worsens in the country, with more than 3.3 million fleeing the war. The European Union has been swift in its response to help Ukrainian refugees through the Cohesion’s
# US Vaccination Donation and COVAX Cause BASED ON A REUTERS REPORT, the US will donate 500 million doses of the Pfizer COVID-19 vaccine through the COVAX program to low and middle-income countries. The plan is to buy the vaccines at cost, limiting the profits of private companies from the initiate. This is a welcome move as the Biden administration has
This note shares a brief on the Gate Notes 2020 Annual Letter. The annual letter from the Bill & Melinda Gates Foundation remains a harbinger of the most critical updates within the global development sector. Akin to the annual Berkshire Hathaway annual shareholder meeting that serves as an excellent barometer for happenings within the financial world, Gates Notes is closely read
A graduate of Yale University, Larry is the author of the award-winning book “The Eight Principles of Sustainable Fundraising” and ranked among the top 15 Fundraising consultants in the United States based on The Wall Street Business Network. Larry specializes in nonprofit development, fundraising, and philanthropy and serves on multiple nonprofit and corporate boards significantly The Philanthropy Council of
My approach to philanthropy will continue to be thoughtful,” she said. “It will take time and effort and care. But I won’t wait. And I will keep at it until the safe is empty.” Mackenzie Scott Mackenzie Scott’s “The Mackenzie Effort” redefines the giving and philanthropy arena. Within a short time, Mackenzie Scott has changed the landscape of giving by
Azim Premji is the founder of Wipro, is known for innovation and philanthropy, recently committed to giving a significant part of his fortune to charitable causes. The total amount of $21 billion catapults him globally to an exclusive club comprising Bill Gates, George Soros, Warren Buffet, and some of the most influential people in philanthropy. His generosity is monumental, refreshing, and inspiring for everyone worldwide
In another development, Japan has declared national emergency due to COVID-19 and signed off the largest stimulus package ~$1 trillion as a per cent of GDP. This amount to 20 percent of the GDP overtaking the $2.2 trillion stimulus of US. In major global news, Jack Dorsey, CEO of Twitter, committed a quarter of his wealth to fight COVID-19. Amounting to $1B,
