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Search resuls for: "Rockefeller Foundation"


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Today, I'm the owner of a barber shop and the founder of the Washington Barber College. Courtesy of Story SyndicateI took $500 from the check and put it down on a rental space for a barber shop. I later purchased another barber shop, and with the profits from that business, bought an additional shop that was going out of business. AdvertisementThe People Trust Community Loan Fund. We would also pick up homeless individuals and bring them to the barber shop to provide haircuts.
Persons: Arlo Washington, , Oscar, Barber, it's, Syndicate I'm, we've, We've, Mr, We're, Little, I've, It's Organizations: Service, Washington, Washington Barber College, Syndicate, People Trust Loan Fund, People Trust, Federal Credit Union, University of Arkansas, Little, Trust Community Loan Fund, Winthrop Rockefeller Foundation, The Treasury Department, Trust Loan, People Trust Loan, Depository Institution Locations: Little Rock , Arkansas, Local, Washington, Arkansas, Little, Central Arkansas, Little Rock, Rock, Wrightsville , Arkansas
MILTON FRIEDMAN: The Last Conservative, by Jennifer BurnsIn writing her new biography of the Nobel Prize-winning economist Milton Friedman, known throughout his long life for his cheerful endorsement of deregulation and free markets, Jennifer Burns certainly had her work cut out for her. “As he increasingly came to symbolize a political movement,” she writes, “the nuance and complexity of his ideas was lost.”But even Burns has to admit that this attention to “nuance and complexity” was something that Friedman did a lot to discourage. The principles underlying such intricate cooperation were “really very simple,” he said. At the University of Chicago, where Friedman spent most of his teaching life, he edged out the leftist scholars clustered in the Cowles Commission for Economic Research, shrewdly getting the Rockefeller Foundation to pull its funding from the commission and finance Friedman’s workshop instead. Charismatic in the classroom, Friedman didn’t just teach students; he created converts.
Persons: MILTON FRIEDMAN, Jennifer Burns, Milton Friedman, Friedman, , Burns, fashioning, baldheaded Friedman, Burns —, Ayn Rand —, shrewdly, Friedman didn’t, , ” Friedman Organizations: Conservative, Newsweek, Productivity, Stanford, University of Chicago, Commission, Economic Research, Rockefeller Foundation
Earlier this month, the university said an initial inquiry found no issues with how the center managed its finances. Despite the hubbub, essentially none of the center's funders have raised public concerns about its work. But tell us how you’re going to puzzle through.”The sudden termination of the center’s research projects prompted some within the movement for racial justice to see good reason to criticize Kendi’s leadership. Kendi agreed many funders were new to racial justice philanthropy in 2020, but said they didn’t usually give to his center. Kendi said most of the center's funders already supported antiracist community organizations.
Persons: Kendi, Grantmakers, it's, Earl Lewis, Andrew W, , “ missteps, “ There’s, , Lewis, It's, Jack Dorsey, Chera Reid, ” Reid, William, Larry Kramer, Reid, Kendi’s, Jenn M, Jackson, ” Jackson Organizations: Boston University, BU Center, Mellon Foundation, University of Michigan Center for Social Solutions, Associated Press, Rockefeller Foundation, ESPN, Netflix, Unity Summit, Flora Hewlett Foundation, Observers, Syracuse University, Lilly Endowment Inc, AP Locations: Los Angeles, U.S
World Bank Eyes Speeding up Loan Approvals Amid Bold Overhaul
  + stars: | 2023-11-02 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +3 min
Disbursements currently take an average of 27 months from the time the bank gets a loan request. Adding resources to the implementation stage of projects backed by the bank is another way of reducing the timeframe of disbursements, Mountfield said. The World Bank has launched a broader reform process that includes stretching its balance sheet as international threats from geopolitical tensions to global warming pile pressure on vulnerable nations. The United States, the bank's largest shareholder, has been urging the bank for months to take bolder and faster steps to free up resources. The study, carried out by international finance analytics firm Risk Control, found the bank's two main lending arms, the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), have "significant headroom" to boost lending.
Persons: Rosario, Elisa Martinuzzi, Ed Mountfield, Mountfield, Disbursements, Jorgelina, Christina Fincher Organizations: Elisa Martinuzzi LONDON, Bank, Operations, Country Services, World Bank, Reuters, AAA, Rockefeller Foundation, International Bank for Reconstruction, International Development Association, IDA Locations: London, United States
REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsMARRAKECH, Morocco, Oct 10 (Reuters) - Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives said, amid a broad push to expand their lending capacity and help countries brace for climate change and other challenges. The World Bank's main lending arms could expand their lending capacity by nearly $900 billion if the ratings agencies changed their processes and modified the allowance they make for callable capital, a study commissioned by Rockefeller found. Lakshmi Shyam-Sunder, the World Bank's chief risk officer, said the ratings agencies had shown some openness to considering revisions in how they treat callable capital in the banks' balance sheets. Casali said Wednesday's meeting, on the sidelines of the annual meetings of the International Monetary Fund and World Bank in Morocco, would include officials from the World Bank, the Asian Development Bank and the African Development Bank, along with the three top credit raters - Moody's, Standard & Poor's and Fitch. Currently, the ratings agencies apply widely different rules and standards in assessing the risks associated with the banks' lending and balance sheets.
Persons: Yuri Gripas, Roberta Casali, Rockefeller, Lakshmi Shyam, Sunder, Casali, Fitch, Ajay Banga, Janet Yellen, Andrea Shalal, David Lawder, Leslie Adler Organizations: Monetary Fund, REUTERS, Rights, Asian Development Bank, Rockefeller, AAA, International Monetary Fund, World Bank, African Development Bank, Poor's, World, Reuters, U.S, Treasury, Thomson Locations: Washington , U.S, Rights MARRAKECH, Morocco
A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. U.S. Treasury Secretary Janet Yellen has been pushing for reforms to expand the World Bank's lending for a year, after an expert panel review concluded that the institutions, government shareholders and credit rating agencies were too timid about financial risks. The Treasury official said World Bank governors were expected to sign off on the new measures this week and mapped out previously unreported details on the callable capital issue, including the timetable for action. Any new proposal on treatment of callable capital will require approval by the shareholders of each of the respective multilateral development banks, bank officials have said. "You've got to work on global challenges like climate fragility and pandemics and poverty and boosting shared prosperity all at once because they are all mutually reinforcing and intertwined," the Treasury official said.
Persons: Kevin Lamarque, MDBs, Janet Yellen, You've, Andrea Shalal, Mark Porter Organizations: Department of, U.S . Treasury, REUTERS, Treasury, U.S . Treasury Department, World Bank, Bank, Reuters, Rockefeller Foundation, International Monetary Fund, Thomson Locations: Washington , U.S, MARRAKECH, Morocco, U.S, Marrakech
China, the world's biggest fossil fuel consumer, is among those signalling that it intends to keep using them for decades. By inserting "unabated" before fossil fuels, the pledge targeted only fuels burned without emissions-capturing technology. "We cannot use it to green-light fossil fuel expansion," the countries said in a joint statement. We can't say we want to avoid 1.5 C ... and not say anything about phasing out fossil fuels," Cox said. The Alliance of Small Island States, whose members face climate-fuelled storms and land loss to rising seas, wants a fossil fuel phase-out and an end to the $7 trillion governments spend annually on subsidising fossil fuels.
Persons: Eduardo Munoz, General Antonio Guterres, Sultan Al Jaber, John Kerry, Teresa Ribera, Eamon Ryan, Ryan, Peter Cox, Cox, Fatih Birol, Valerie Volcovici, Kate Abnett, Katy Daigle, Emelia Organizations: U.S, REUTERS, United Nations General Assembly, United Arab Emirates, United, European Union, Reuters, Ireland's, American Petroleum Institute, University of Exeter, International Energy Agency, Rockefeller Foundation, Organization of, Petroleum, Small, States, United Nations, D.C, Thomson Locations: New York, New York City , New York, U.S, Dubai, China, United States, Saudi Arabia, Russia, France, Kenya, Chile, Colombia, Tuvalu, Vanuatu, Japan, Union, Washington, Brussels
NEW YORK (AP) — Inside the U.N.'s gates, world leaders use the spotlight to talk — to each other and the entire planet. Nonprofit organizations send their senior leaders to the sidelines of the U.N. General Assembly at significant expense to make sure their voices are heard in the right rooms. It was one of some 40 events the Ford Foundation hosted connected to General Assembly week, flexing its power to convene. The sidelines of the General Assembly first began drawing major crowds in 2014, when a U.N. The framework, he said, helps groups “to focus on a pretty specific action that might feel small given the SDGs but still has impact.
Persons: , Elizabeth Cousens, , ’ ”, Monica Aleman, She’ll, James Baldwin, Protesters, Keya Chatterjee, Chatterjee, Joe Biden, Antonio Guterres, Melinda Gates, Mark Suzman, ” Suzman, Atul Tandon, Zia Khan Organizations: Nonprofit, General, UN Foundation, Sustainable, Ford Foundation, Assembly, Climate Summit, Melinda Gates Foundation, Gates Foundation, Opportunity International, The Rockefeller Foundation, Brookings Institution, Lilly Endowment Inc, AP Locations: New York City, U.S, Manhattan, Washington, United States, China, India, Russia, United Kingdom, France, South Africa
The Gates Foundation has been a major supporter of Unitaid, donating $50 million in each 2012 and 2017, according to the foundation's grant database. The two announced their divorce in 2021 but committed to continuing to work together at the foundation. I think we will overcome that because the U.S. has a lot to be proud on this one,” Gates said. Cumulatively, the results of that study, which the foundation funded, has advanced knowledge about the causes of infant mortality. The Gates Foundation was not alone in announcing new commitments to support progress toward the development goals.
Persons: Melinda Gates, Melinda French Gates, “ Nona, gesturing, Jennifer, Omakwu, ’ ”, Gates, Jimmy Carter, Rosalynn Carter, Singer Bono, George W, Bush, Bill Gates, Joe Biden, French Gates, ” Gates, Eden Tadesse, Aidan Reilly, Ben Collier, James Kanoff, Ashu Martha Agbornyenty, There’s, , Clinton Organizations: Melinda Gates Foundation, General, UNFPA, Gates Foundation, Sustainable, President’s, AIDS Relief, U.S, Congress, Midwifery, IKEA Foundation, The Rockefeller Foundation, Clinton Global Initiative, Associated, Lilly Endowment Inc, AP Locations: New York, Ukraine, PEPFAR, U.S, South, Ethiopia, Cameroon, Vietnam, South Africa, Indonesia
The extreme heat is harming people's health and labor productivity. Newly available economic data and more advanced climate models now make it possible to measure how extreme heat hurts the global economy. "The economic costs of extreme heat do not encompass the totality of the economic costs of climate change," Mankin said. "Average temperatures are rising, so statistically, we are going to have more extreme heat in more places," he said. "What's unique about the extreme heat right now is the number of people it's impacting.
Persons: Justin Mankin, Mankin, Adrienne Arsht Organizations: Service, Dartmouth College, Rockefeller Foundation Resilience, CNN, European Union Locations: . Texas, Southern Europe, North Africa, Italy, Spain, Greece, Tunisia
“The recent heat waves and scorching summer temperatures demonstrate the economic cost of heat stress,” Chris Lafakis, Moody’s Analytics’ director of economic research, wrote in an emailed response to a CNN query. Moody’s Analytics estimates that chronic physical risk from heat stress could reduce worldwide GDP by up to 17.6% by 2100. The losses are steepest in sectors such as agriculture and construction, but no industry or business is immune, she said. “Every summer we have a stretch [of excessively hot weather], where it might last from four days up to a week,” he said. “We have to look at the potential of our business model shifting to a nine-month facility going forward,” she said.
Persons: Lyn Thomas, there’s, Thomas, she’s, , it’s, Chris Lafakis, Liliana Salgado, , Kathy Baughman McLeod, Adrienne Arsht, Cesar Chavez, Damian Dovarganes, That’s, Jack Vessey wasn’t, He’s, “ It’s, Vessey, Zeyla Alcantara, Patrick Tiseth, Jobs, Ami Feller, I’ve, Los Cerrillos, Harrold Granthan, Bonnie Mendoza, David Wagner, bloodsicles, Mendoza, Zach Fowle, Kyle Ledeboer, ” Fowle, ” They’ve, Justus Swanick, Joshua Graff Zivin, ” Graff Zivin Organizations: Minneapolis CNN, Phoenix, CNN, Reuters Workers, Rockefeller Foundation Resilience, Atlantic Council, Rockefeller, IBEW, Company, Lone Star, Roofer, Saddle Riding Company, Phoenix Zoo, Arizona Wilderness, Arizona Wilderness Brewing, University of California San Locations: Minneapolis, Louisiana, United States, California, Los Angeles, Holtville , California, Imperial County, Texas, New Braunfels, Santa Fe , New Mexico, Los, , Arizona, Phoenix, University of California San Diego
Opinion | Creating a Path for More Black Economists
  + stars: | 2023-06-19 | by ( Peter Coy | ) www.nytimes.com   time to read: +3 min
“If this is what economics is teaching, who wants to be part of that?”Myers is an interesting person. Myers told me about the economists, both Black and white, who lent a hand to him and others early on. One was his father, Samuel L. Myers, a path breaker who earned a doctorate in economics from Harvard in 1949. “I’m happy and content that I’m unapologetically Black,” he said. He added: “The summer program is producing deep thinkers.”
Persons: , I’m, , ” Myers, Roy Wilkins, Wilkins, Myers, Samuel L, Marcus Alexis, Andrew Brimmer, Clifton Wharton, Phyllis Wallace, Bernard Anderson, Paul Samuelson, Robert Solow, Michael Piore, Richard Eckaus, Duncan Foley, Charles Kindleberger, Kindleberger “, Kindleberger, they’re Organizations: Morgan State University, Harvard, Caucus of Black, Federal, Michigan State University, Rockefeller Foundation, Yale, Wharton School, University of Pennsylvania, M.I.T Locations: Baltimore, Minnesota, American
In this article VFC Follow your favorite stocks CREATE FREE ACCOUNTSmallholder Farmers Alliance purchase of organic cotton from farmer member. But the focus quickly moved to regenerative agriculture, a practice more activist shareholders are pressing with big consumer companies. "Regenerative agriculture is really important to Timberland and VF because it's about restoring the soil," said Atlanta McIlwraith, Timberland's director of social impact and activation. watch nowVF Corp's efforts with regenerative cotton in Haiti come at a time of growing pressure from consumers for companies to adopt more sustainable practices. So, we tackle the problem from its roots, which is environmental degradation in the country," said Timote Georges, executive director and co-founder of Smallholder Farmers Alliance.
Timnit Gebru Is Calling Attention to the Pitfalls of AI
  + stars: | 2023-02-24 | by ( Emily Bobrow | ) www.wsj.com   time to read: +1 min
As a leading researcher on the ethics of artificial intelligence, Timnit Gebru has long believed that machine-learning algorithms could one day power much of our lives. What she didn’t predict was just how quickly this would happen. “I didn’t imagine people would be like, ‘Let’s replace lawyers with a chatbot,’ or ‘Let’s sell AI generated art that looks exactly like someone else’s,’” she says over video from her home in California’s Bay Area. Much of her work involves highlighting the ways AI programs can reinforce existing prejudices. “We talk about algorithms, but we don’t talk about who’s constructing the data set or who’s in the data set,” she says.
[1/2] A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. The bank's executive directors affirmed their commitment to an "open, merit-based and transparent selection process" for the new leader, and said countries could nominate candidates beginning Thursday through March 29. The World Bank board gave a list of criteria and relevant experience for would-be applicants, including "effective communication and diplomatic skills" and also said it "would strongly encourage women candidates to be nominated." The bank has never had a permanent woman president in its 77-year history, although current International Monetary Fund chief Kristalina Georgieva served as acting president for about two months in early 2019. The United States has historically selected the president of the bank, but some developing countries and civil society groups are challenging that tradition.
[1/5] David Malpass, president of the World Bank Group, arrives for a meeting with Japan's Prime Minister Fumio Kishida (not in picture) at Kishida's official residence in Tokyo, Japan September 13, 2022. REUTERS/Issei Kato/PoolWASHINGTON, Feb 15 (Reuters) - David Malpass, president of the World Bank, unexpectedly said he would resign in June on Wednesday, leaving open a job that oversees billions of dollars of funding and has a direct impact on poverty, climate change preparation, emergency aid and other issues in developing countries around the globe. RAJIV SHAShah is the former USAID administrator under Obama and currently president of the Rockefeller Foundation, a philanthropic group that says it aims to "promote the well-being of humanity throughout the world." The foundation recently partnered with the U.S. State Department on a carbon offset program at COP27, the international climate conference. MINOUCHE SHAFIKShafik is an Egypt-born, British American economist who is currently president of the London School of Economics and has served as deputy governor of the Bank of England and deputy managing director of the IMF.
Many Companies Are Shying Away From Carbon Credits
  + stars: | 2023-01-17 | by ( Dieter Holger | ) www.wsj.com   time to read: +5 min
Many companies are hesitant to buy carbon credits as the market faces criticism and coming standards remain unclear. Carbon credits are also expected to be discussed at this week’s World Economic Forum annual summit in Davos, Switzerland. As officials work to develop the market, sustainability chiefs must weigh the pros and cons of carbon credits in their climate plans. Carbon solutionsTo address concerns in the carbon market and scale up climate action, there is a movement toward better, widely accepted standards. The Integrity Council for the Voluntary Carbon Market ended its public comment period in September on the 10 so-called Core Carbon Principles it proposed in July.
ABU DHABI, Jan 15 (Reuters) - U.S. climate envoy John Kerry on Sunday outlined core principles for a "high-integrity" carbon offset plan meant to help developing nations speed their energy transition, and next steps including establishing a consultative group. The Energy Transition Accelerator (ETA), first announced at last year's COP27 climate conference, is being developed by the United States with the Bezos Earth Fund and the Rockefeller Foundation to mobilise private capital. "We believe you can have high-integrity, accountable, transparent credit which will help us to be able to put some money on the table," he said, acknowledging widespread criticism of voluntary carbon offset schemes. He said ETA principles also called for a near-term, inclusive and comprehensive approach to deliver on broader sustainable development goals and support power sector-wide energy transition. Reporting by Rachna Uppal and Ghaida Ghantous; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.
Norpel is one of millions of Americans with long Covid, also known as long-haul Covid, post-Covid or post-acute Covid syndrome. Key symptoms: Long Covid has been linked to more than 200 symptoms, according to The Rockefeller Foundation. Duration: There's no consistent definition of how long symptoms must persist for someone to be considered a long Covid patient. What experts do know is that for some, long Covid symptoms can last months or even years. "I don't know if it's for the rest of my life or not," Hurst said of feeling long Covid symptoms.
Don’t dump on U.S. coal plan. Make it better!
  + stars: | 2022-11-11 | by ( Hugo Dixon | ) www.reuters.com   time to read: +4 min
SHARM EL-SHEIKH, Egypt, Nov 11 (Reuters Breakingviews) - Sceptics fear an American plan to use voluntary carbon markets to accelerate the energy transition in poor countries could amount to greenwashing. Many critics think rich countries should just fork out the cash themselves to close coal plants – or tax fossil fuel companies to get the money. This “jurisdictional” approach is designed to prevent new coal plants springing up where old ones have been closed. Why not hitch itself to the high standards already being developed by the Voluntary Carbon Markets Integrity Initiative? Another concern is that the ETA is planning to use cash not just to close coal plants but also to ramp up renewable energy.
Climate Envoy John Kerry on Wednesday unveiled a carbon offset plan that would allow corporations to fund renewable energy projects in developing countries that are struggling to transition away from fossil fuels. Officials argue it could funnel billions of dollars from the private sector into the economies of developing countries working to shift to renewable power sources like wind or solar. The plan will create a new class of carbon offsets that represent investments in projects that help accelerate renewable energy projects or build climate change resilience in a developing country. Chile and Nigeria are among the developing countries interested in the program, the State Department said, and Bank of America, Microsoft, PepsiCo and Standard Chartered Bank have "expressed interest in informing the ETA's development." Voluntary carbon offset programs have been widely criticized as insufficiently regulated schemes that allow governments and corporations to undermine net-zero emission targets.
SHARM EL-SHEIKH, Egypt, Nov 9 (Reuters) - U.S. climate envoy John Kerry on Wednesday announced the creation of a carbon offset plan meant to help developing countries speed their transition away from fossil fuels. Kerry launched the Energy Transition Accelerator (ETA) with the intention of funding renewable energy projects and accelerating clean energy transitions in developing countries. Kerry added that the carbon credits used in the program would be "high quality" and meet "strong safeguards". Kerry said Guterres was supportive of the U.S.-led carbon market initiative provided there were safeguards to it. At the event launch, a protester interrupted Kerry saying: "You’re providing false solutions.”Kerry responded that fossil fuel companies would not participate in the program.
The plan would create revenue to fund developing countries' moves toward clean energy. "This is a critical tool that will supplement, not replace, other sources of climate finance." The US will also consult with organizations that are trying to improve the scientific integrity of carbon credits. "Buying emissions reductions from developing countries is not the same thing as channeling climate finance and raises questions about who can count the reductions." African nations unveiled their own carbon-market initiative Tuesday, with an aim to supply 300 million carbon credits each year by 2030 and raise up to $6 billion.
States such as Pakistan will also complain that they are already suffering the consequences of climate change despite having done very little to cause it. PULL IT TOGETHERAmerica and other rich countries have a series of policies which could accelerate the just transition across the Global South. Developing and emerging economies, excluding China, need $1 trillion a year in investment, according to a new report from the Rockefeller Foundation. And they need help adapting to the ravages of climate change. If America and other rich countries negotiate a whole-economy transformation with India, they will kill two birds with one stone.
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