Billionaire's organization vows $400M for green jobs
Toronto Star|July 17, 2024
Pledge is first from Open Society Foundations since internal restructuring
THALIA BEATY
Billionaire's organization vows $400M for green jobs

Open Society Foundations, formed by billionaire investor George Soros, shown in 2020, is pushing for sustainable jobs and a shift toward clean energy in Brazil, Mexico, South Africa, Senegal, Malaysia and Indonesia.

Open Society Foundations, the philanthropic organizations that billionaire investor George Soros has built up since the 1970s, revealed its first new major commitment on Tuesday after a years-long internal reorganization, pledging $400 million (U.S.) over eight years to support green economic development.

In some of her first public remarks since she was named president of Open Society Foundations (OSF) in March, Binaifer Nowrojee told the Associated Press the goal of the investment was to produce sustainable jobs and a shift toward clean energy and away from carbon intensive industries in Brazil, Mexico, South Africa, Senegal, Malaysia and Indonesia.

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