From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the US development bank, refinanced it’s debt in 2023 in exchange for putting at least $12 million a year into conservation efforts in the Galapagos.
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From Gail Cornwall / The Hechinger Report: In an effort to help lower student debt while benefiting the community, the #CaliforniansForAll College Corps program provides 3,200 students with service jobs and pays them $700 a month. Click here to read...
Donna Norton is a founding member of MomsRising and serves as MomsRising’s Executive VP and Chief Advancement & Strategy Officer, helping to develop and drive the strategic direction of MomsRising’s agenda. Norton is an innovator and strategic manager with more...
From Katherine Latham / Reasons to Be Cheerful: In the United Kingdom, the supermarket Iceland Foods gives out interest-free microloans on pre-loaded cards during school holidays for families to spread out their grocery bills over time when finances are most...
From Prachi Bari / The Hindustan Times: The city of Pune has a program called Lighthouse that provides services to underprivileged youths skill building for career pursuits. Read the original story here. Read more articles about youth-focused wellbeing initiatives.
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From Candice Helfand-Rogers / The Story Exchange: In Jackson, Mississippi, the nonprofit-run Magnolia Mother’s Trust is a guaranteed income program providing a no-strings-attached monthly stipend of $1,000 to Black mothers living in affordable housing to help them combat poverty. Click...
From Gulf Today: Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, is among the first corporations in the region to open sustainable corporate bank accounts, which ensure cash balances are used to finance or...
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