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Funding

Green Climate Fund Falls Short From The $100 Billion Target

Green Climate Fund Falls Short From The $100 Billion Target

The Green Climate Fund, a financial mechanism to support projects related to climate change, has been severely underfunded despite large donations from various wealthy nations. The problem has hindered the organization from successfully implementing its projects.

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France Commits $30 Million Fund For Protection Of Cultural Heritage Sites

France Commits $30 Million Fund For Protection Of Cultural Heritage Sites

France spearheads the efforts to prevent the destruction of cultural heritage sites by establishing a fund committed for the cause. France has allocated $30 million for the protection of historical sites endangered by militant attacks and wars. Supporters of the initiative plan to establish $100 million.

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Charitable Work From Maine Marathon Donated $10,000 for Toy Funds

Maine Marathon Donated $10000 Toy Fund

The Maine Marathon had unexpectedly donated a toy fund to the Portland Herald of an amount of $10,000.

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Broadband Vouchers Funded by Energy Dollar

Vouchers Funded

A $50 vouchers will be given to the rural residents of Wisconsin and was approved by the Public Servce Commission.

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Singapore Penalizes Banks For 1MDB Linkages

Singapore Penalizes Banks For 1MDB Linkages

The country of Singapore regulators said Friday they will fine two banks a total of over $5.3 million for having breached money laundering rules in dealings with an indebted Malaysian state fund.

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Quadria Capital To Use $300 Million Fund To Close Deals In Asia

Quadria Capital To Use $300 Million Fund To Close Deals In Asia

Quadria Capital, a healthcare focused private equity firm, is in the process of closing out deals in four companies in Southeast Asia. Its investments are mostly on pharmaceutical and healthcare corporations.

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Climate Change Taps Fund Managers From Apparel Stocks

Climate Change Taps Fund Managers From Apparel Stocks

Climate change wakes up world retailers.

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European Union Strengthens Defense, Plans 5 Billion Euro Fund

European Union Strengthens Defense, Plans 5 Billion Euro Fund

The European Union revealed its plan to invest EUR 5 billion for a common defense fund. The funding will strengthen the continent’s military capabilities and let the governments invest on military research.

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$20 Million Bitcoin Fund Launched By China's Huiyin Group

$20 Million Bitcoin Fund Launched By China's Huiyin Group

China has once again believed in the power of bitcoing industry as China's Huiyin Group they launched and introduced $20 Million Bitcoin Fund.

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Life In The Kingdom Of Saudi Arabia

Saudi Arabia Transfers Billions To Wealth Fund

Saudi Arabia’s King Salman issued a directive to transfer $27 billion to the Public Investments Fund. The allocation to the sovereign wealth fund aims to diversify investments and lessen the country’s dependence on oil revenues.

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Saudi Arabia Gives Up $27 Billion to Wealth Fund for Deals

Saudi Arabia Gives Up $27 Billion to Wealth Fund for Deals

The movement of funds from Saudi Arabia to the PIF from SAMA, as the central bank is known, indicates that the role of the central bank could be gradually shifting, Mohamad Al Hajj, Dubai-based equity strategist for the Middle East and North Africa at EFG-Hermes U.A.E. Ltd.

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Top Car Companies To Fund Car Charging Points

Top Car Companies To Fund Car Charging Points

Volkswagen, its Audi and Porsche luxury brands, BMW, Daimler, and Ford’s European division have joined forces to build more electric car charging sites across Europe. The joint venture wants to create 400 charging sites next year in order to boost the demand on electric vehicles.

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Castro's Death Raises Funds Tied For Cuba's Fortune

Castro's Death Raises Funds Tied For Cuba's Fortune

The death of long-time Cuban leader Fidel Castro pave the way for funds intended for Cuba's fortune.

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Stein's Recount Fund Reaches Close To $7M

Jill Stein’s Fund For Election Recount Nears $7 Million

Jill Stein has already raised $6.3 million for her call for an election recount, close to the target of $7 million. The fund will be used to cover for the expenses in the recount for votes in Wisconsin, Michigan and Pennsylvania.

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World's Biggest Pension Fund Is At Super Ease With Trump As The President

World's Biggest Pension Fund Is At Super Ease With Trump As The President

The pension funds of biggest accounts are on a lax with Donald Trump as the president.

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