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$5 billion for nature – Grist

Green Hearts by Green Hearts
October 4, 2021
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$5 billion for nature – Grist

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It’s Monday, October 4, and billionaires have pledged extra money than ever earlier than to guard our planet.

On September 22, 9 philanthropic foundations introduced that they may spend a report $5 billion on conservation efforts over the following 10 years. The philanthropic pledge, dubbed the Protecting Our Planet Challenge, is a part of 30×30, a world initiative to guard 30 p.c of the Earth’s land and seas by 2030. The billionaires behind the foundations embrace Swiss businessman Hansjörg Wyss, Amazon founder Jeff Bezos, and former New York City mayor Michael Bloomberg.

The environmental sector has traditionally been missed by philanthropists, in keeping with the Rockefeller Philanthropy Advisors group, accounting for simply 8 p.c of giving. 

In the announcement, the donors emphasised the significance of Indigenous stewardship of protected areas and known as for extra authorities motion to guard nature. “Private donors have a role to play, but this goal requires the commitment of all governments and of the communities that manage some of the world’s most biodiverse landscapes,” Lisbet Rausing and Peter Baldwin of Arcadia, one of many collaborating foundations, mentioned in a press release.

The $5 billion greenback pledge was made forward of the United Nations’ worldwide biodiversity convention, the place nations will talk about targets for defending nature and the surroundings later this month.  

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— Jena Brooker

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The Smog

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An oil pipeline that extends from Orange County, California, to an offshore oil platform failed on Saturday, leaking not less than 126,000 gallons of oil into the ocean. The spill, which induced lifeless fish and birds to scrub ashore, additionally reached Talbert Marsh, an ecological reserve.

Puerto Ricans have skilled repeated energy outages over the previous few weeks, though no main hurricanes have hit the island this 12 months. The outages are disrupting faculty schedules and medical therapies and leaving residents with out air con on scorching and humid days. The energy authority and personal firm that respectively produce and distribute energy in Puerto Rico have blamed the blackouts on mechanical failures and demand for electrical energy that has exceeded provide.

Steven Donziger, a former lawyer who helped an Indigenous neighborhood in Ecuador combat oil big Chevron over contamination of the Amazon rainforest in 2011, was sentenced to 6 months in jail on Friday for defying court docket orders. Donziger was sentenced for refusing to show over his cellphone and laptop after being accused by Chevron of profitable the unique case via bribery, fraud, and extortion.

— Emily Pontecorvo


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