financetom
Economy
financetom
/
Economy
/
Fund backed by actor Leonardo DiCaprio pledges $5M to Amazon amid fires
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Fund backed by actor Leonardo DiCaprio pledges $5M to Amazon amid fires
Aug 26, 2019 5:10 AM

A new environmental foundation backed by Leonardo DiCaprio is pledging $5 million in aid to the Amazon, which has been swept by wildfires.

Share Market Live

NSE

Earth Alliance was created last month by DiCaprio and philanthropists Laurene Powell Jobs and Brian Sheth. On Sunday, it launched the Amazon Forest Fund in an announcement on their website. The alliance is also seeking donations to help repair the Brazilian rainforest, called the "lungs of the planet."

Brazilian federal experts reported a record number of wildfires across the country this year, up 84 percent over the same period in 2018.

The funds will be distributed to five local groups working to combat the problem: Instituto Associacao Floresta Protegida, Coordination of the Indigenous Organizations of the Brazilian Amazon, Instituto Kabu, Instituto Raoni, and Instituto Socioambiental.

First Published:Aug 26, 2019 2:10 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Zelenskiy presses for EU-US unity to stop Putin
Zelenskiy presses for EU-US unity to stop Putin
Dec 19, 2024
* Ukraine, Trump tariffs to dominate EU summit * EU leaders to reaffirm support for Ukraine * Zelenskiy invited to attend first part of talks * EU must present united front on trade, say diplomats (Updates with Zelenskiy, Costa comments at start of summit , changes media identifier to UKRAINE-CRISIS/EU) By Philip Blenkinsop and Lili Bayer BRUSSELS, Dec 19 (Reuters)...
Norway keeps rates on hold, eyes three cuts in 2025
Norway keeps rates on hold, eyes three cuts in 2025
Dec 19, 2024
* Maintains rate at 16-year high of 4.5% * Says restrictive policy still needed * Expects first cut in March, sees rate at 3.75% at end-2025 * Norway economy holding up, but outlook uncertain * Sees worries over international trade (Updates outlook in paragraphs 1, 4, adds analyst in paragraphs 11-12) OSLO, Dec 19 (Reuters) - Norway's central bank held...
US weekly jobless claims fall more than expected
US weekly jobless claims fall more than expected
Dec 19, 2024
WASHINGTON (Reuters) - The number of Americans filing new applications for jobless benefits fell more than expected last week, consistent with a gradual cooling in labor market conditions. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said on Thursday. Economists polled by Reuters had forecast 230,000...
US Dollar Falls Early Thursday After FOMC Cuts Rates, Signals Fewer Cuts Next Year
US Dollar Falls Early Thursday After FOMC Cuts Rates, Signals Fewer Cuts Next Year
Dec 19, 2024
07:53 AM EST, 12/19/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Thursday, except for a gain versus the yen, but remained above levels a day earlier as markets digest the Federal Open Market Committee's decision to lower the federal funds rate target range to 4.25% to 4.50% Wednesday afternoon and prepare for a busy...
Copyright 2023-2026 - www.financetom.com All Rights Reserved