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No Resolution in Sight for International Climate Finance

Emily Wier

December 05, 2016 |

Clean Energy Finance Forum |

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800-1500 Words

Response Location: United States, New York, New York

Climate financing, determining which nations pay and which nations receive, is a challenge for the United Nations. The World Bank created a Pilot Auction Fund, which competitively allocates credit in an online auction, using the returns to fund projects that reduce emissions.

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Small-Scale Manufacturers See New Markets Tax Credits as Future Hope

Johnny Magdaleno

November 30, 2016 |

Next City |

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800-1500 Words

Response Location: United States, Baltimore, Maryland

As major manufacturers keep "pulling the rug" from under urban areas, low skilled job loss increases. Nevertheless, small-scale businesses have instrumental in their ability to counteract job loss in improvised urban areas. Small businesses are using tactics such as creative tax cut regulation to cut corners to pay livable wages to low-income workers.

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Big Bet Philanthropy: How More Givers Are Spending Big And Taking Risks To Solve Society's Problems

Kerry A. Dolan

November 30, 2016 |

Forbes |

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Over 3000 Words

Response Location: United States, San Francisco, California

For the superrich and the biggest U.S. charitable foundations, donating to universities, hospitals and cultural institutions is the norm. Less common are donations targeted at "social change" such as alleviating poverty or tackling global warming - but that is beginning to change. An in-depth study from the Bridgespan Group is showing how big bets in philanthropy are paying off, as well as what factors - such as a close donor-recipient relationship - are key to success.

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An Innovative Casino Scheme Helps Re-Build a Troubled Industrial City

James Fallows

September 11, 2016 |

The Atlantic |

Multi-Media |

1500-3000 Words

Response Location: United States, Erie, Pennsylvania

Erie, Pennsylvania transforms standard casino revenue into community development funds to jumpstart the city's urban and economic planning. An innovative initiative sets aside a percentage of revenue for city-wide development programs including a tech-startup initiative and youth summer jobs program.

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How to feed the masses in small-town America

Leah Todd Lin

September 05, 2016 |

High Country News |

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800-1500 Words

Response Location: United States, Walsh, Colorado

When the only local grocery store in tiny Walsh, Colorado, shut down, the 600 residents of the town chipped in to re-open the store, combining community financing with traditional business savvy to keep the community institution afloat. Walch's grocery and other rural grocery stores with similar models have overcome the struggle of competition from national dollar stores with the community investment approach, leveraging close local ties to maintain support and funding.

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New federal rules are aiming to crush payday lenders. But is it enough?

Anne Kim

June 10, 2016 |

Washington Monthly |

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800-1500 Words

Response Location: United States, Cuyahoga Falls, Ohio

Earlier this month, the federal Consumer Financial Protection Bureau (CFPB) proposed new rules to regulate payday lending – the business of offering high-cost short-term loans to Americans on terms that many consumer advocates consider predatory.

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Can cutting down trees protect New Mexico's water?

Leah Todd Lin

May 26, 2016 |

High Country News |

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800-1500 Words

Response Location: United States, Albuquerque, New Mexico

New Mexico adapts an innovative forestry idea from Quito, Ecuador, to prevent unpredictable and untamable forest fires. The application of this idea, called the Rio Grande Water Fund, raises money around the Rio Grande valley to pay for the thinning of overgrown forests on private and public lands. When trees are thinned out in dense areas, it's more difficult for fires to jump from the ground to the tree tops, which inhibits the rapid spreading of flames we've seen in recent years.

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The Solar Company Making a Profit on Poor Africans

Stephan Faris

December 02, 2015 |

Bloomberg |

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1500-3000 Words

Response Location: Kenya

Since its commercial launch in 2012, M-Kopa has grown to exceed expectations for its revenue--now making more than $12 million a year. The company does this all while expanding access to affordable technology to the poorest rural population in Kenya, as well as providing them with credit and promoting green practices.

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For Goldman, Success in Social Impact Bond That Aids Schoolchildren

Nathaniel Popper

October 07, 2015 |

The New York Times |

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800-1500 Words

Response Location: United States, Utah

In Utah, Goldman Sachs funded the education of preschoolers and was reimbursed by the state once it was shown that the kids would not need special education. Social impact investments, like this one in Utah, can help social programs in the U.S. which are often affected by government cuts.

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New data reveals which approach to helping the poor actually works

Dean Karlan

June 17, 2015 |

Reuters |

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Under 800 Words

Response Location: Ethiopia, Korom

For years, policymakers have debated different approaches to helping the poor , but new data offers resounding evidence for a strategy that works: an approach known as a “Graduation” program. This method offers participants a “productive asset” to generate income with training on how to use it, as well as the resources (such as healthcare, food, loans, and coaching) to maintain the asset while building a pathway out of poverty.

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