Oct 26, 2020
Tags: Energy, Impact Investing,
The Rockefeller Foundation Commits USD1 billion to Catalyze a Green Recovery from Pandemic
Driving public-private investment, transformative solutions, and a more inclusive, sustainable future
Launching next chapter for the 107-year old philanthropic institution
October 26, 2020 | NEW YORK – The Rockefeller Foundation will commit USD1 billion over the next three years to catalyze a more inclusive, green recovery from the Covid-19 pandemic. Building on current efforts and long-standing programs, the Foundation will focus on two key areas: catalyzing billions of dollars in private and concessional investments to scale distributed renewable energy across developing countries; and ensuring more equitable access to Covid-19 tests and vaccines, science-based tools, and data to fight the pandemic, while strengthening public health systems to prevent future outbreaks. In addition to this unique, one-time commitment of additional resources, The Rockefeller Foundation’s efforts and energies, as a whole, will be rededicated and reoriented toward improving the lives of the world’s poorest people and addressing inequities made worse by this virus.
Read the full announcement here.