Energy Transition Accelerator Advances With New Secretariat, Expert Consultative Group

credit:

John Kerry has a new gig, and it's not as high-profile as his old one, but he's still making headlines for it.

The former secretary of state announced Tuesday that he'll serve as honorary chair of the Energy Transition Accelerator, which aims to raise private capital to help developing countries transition away from fossil fuels, the New York Times reports.

"We must deliver innovative finance solutions at the speed and scale needed to transition to clean power and keep 1.5 degrees within reach," Kerry said in a State Department press release.

"Working in partnership with developing countries, the ETA can mobilize billions to transition away from fossil fuels and achieve an ambitious, just clean energy future."

The accelerator is a joint initiative of the State Department, the Bezos Earth Fund, and the Rockefeller Foundation, and it's expected to raise tens of billions of dollars through 2035 to help developing countries meet climate change goals, per the State Department.

"Carbon credits, done right, can play a vitally important role," Andrew Steer, president and CEO of the Bezos Earth Fund, said in the press release.

"The Energy Transition Accelerator is the sort of innovative solution that can unlock the billions and billions of dollars needed to ensure everyonenot just the wealthiest countriescan access the renewable

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Practical Philanthropy in Penrith: How You Can Become A Global Citizen

You're not simply giving someone a handout you're extending a helping hand.Penrith's friendly community vibe, Western Sydney University campus and proximity to Sydney makes it the ideal home for...more

Freshman Lawmakers Vote Down Court Program For Offenders With Mental Illness

Five freshman legislators on the Wyoming House Judiciary Committee voted down a bill Wednesday.The bill would have given courts an option to send people who commit minor crimes into mental health...more

Smart Grows Trust, Ridership Due to Its Recent Successes

Bicyclist and pedestrian usage of adjoining public pathways also reached a new high of 763,315 last year.The sales tax, which generates $50 million annually and represents roughly 60% of SMART's...more

Kiwanis Club of Los Alamos Speaker Elizabeth Martineau Discusses Importance of ...

Kiwanis Club Of Los Alamos Speaker Elizabeth Martineau Discusses Importance Of Community Nonprofit Support.LACF accomplish this through support of local nonprofits, enhancing local philanthropy, and...more

Community Briefs
Foundation: Aspen Community Foundation

Independence pass to close Saturday for annual bike race.Ride for the Pass is an annual fundraiser for the Independence Pass Foundation.Nonprofits that enrich community life could receive additional...more

Kiwanis Club Hears From Lacf Executive Director Elizabeth Martineau on Community ...

Kiwanis Club Hears From LACF Executive Director Elizabeth Martineau On Community Nonprofit Support.There are over 150 nonprofits in Los Alamos.Their support is in the form of individual meetings with...more

Positive Role Models Empower Asheville Youth

Keynon Lake is the founder of KL Training Solutions and My Daddy Taught Me That (MDTMT), a nonprofit organization dedicated to mentoring young men in Asheville, North Carolina.The program provides...more

As 2024 Passes Into History, So Do Three Giants

President Jimmy Carter, Oklahoma City businessman and philanthropist Gene Rainbolt, and Center of Family Love case manager Sister Veronica Higgins each passed.All left a mark on those who respected...more

Selfless Leaders Take A Bow At National Philanthropy Day Awards

The 19th annual National Philanthropy Day Awards celebration was held at the United Against Poverty UP Center, a former citrus packing facility.A group of honored leaders were acknowledged for their...more

Sound Off: Skinner A Remarkable and Creative Person

Marilyn Skinner was a dedicated, creative community leader in Kokomo, known for her enriching contributions. Partnering with Altrusa, she organized events to teach junior high students about...more