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Gates Foundation, Open Society Foundations, and The Rockefeller Foundation

Posted By: Namaste
Date: Saturday, 29-Jul-2023 04:41:59
www.rumormill.news/226714

Rockefeller, the hidden hand, their double talk language, whose REALL agenda is to destroy humanity and all biological life.

https://www.rockefellerfoundation.org/news/gates-foundation-open-society-foundations-and-the-rockefeller-foundation-announce-new-recipients-of-multilateral-development-banks-challenge-fund/

Gates Foundation, Open Society Foundations, and The Rockefeller Foundation Announce New Recipients of Multilateral Development Banks Challenge Fund

EW YORK | June 20, 2023 ― Ahead of the New Financial Pact Summit, chaired by Emmanuel Macron, President of the French Republic, and Narendra Modi, Prime Minister of India, the Bill & Melinda Gates Foundation, Open Society Foundations, and The Rockefeller Foundation announced USD 2,781,783 in funding from the $5.25 million Multilateral Development Banks Challenge Fund (“the Fund”): Albert Ludwig University of Freiburg, Caribbean Development Bank, FSD Africa, IDB Invest, Risk Control Limited, and University of Leeds. The six grantees, which were selected to help increase efficiency and innovation in the world’s development finance system, advance the Fund’s overarching goal of accelerating investment for the United Nations’ Sustainable Development Goals (SDGs) and Paris Climate Agreement.

The Fund, which is administered by New Venture Fund, was announced in October 2022 to help multilateral development banks’ (MDBs) unlock tens of billions of dollars in new development finance with little to no cost to shareholders and while safeguarding their financial integrity. Aligning assistance around the recommendations in the G20 Independent Review of MDBs’ Capital Adequacy Framework (CAF) report, its three areas of focus are 1) developing a better understanding of MDBs’ specific features to support better informed discussions about MDB’s risk management and shareholders’ risk appetite; 2) promoting financial innovation and the development of new instruments, with an emphasis on risk transfers and securitization as a means to catalyze private investment; and 3) improving transparency and access to information.




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