$253 million allocated to climate-resilient infrastructure in Africa
The Bill and Melinda Gates Foundation is a renowned philanthropic organization that focuses on improving health, education, and economic development in Africa. This funding opportunity is relevant to Israeli vendors and companies with expertise in healthcare, biotechnology, and information technology. The foundation supports a wide range of initiatives aimed at addressing key challenges in Africa, including poverty reduction, disease prevention, and improving access to education. As such, Israeli companies working on projects that align with the foundation's priorities may find this funding opportunity particularly interesting. By leveraging their expertise in these fields, Israeli vendors have the potential to make a significant impact on the lives of millions of people in Africa.
Israeli businesses can now participate in the MCC program to combat global poverty through investments in agriculture, energy, health, and infrastructure. MCC selects partners based on good governance, economic freedom, and citizen investment. Businesses can benefit from MCC's tools, such as Country Scorecards and Monitoring & Evaluation Plans, to measure and transparently report results. MCC develops programs with eligible countries, creating opportunities for Israeli businesses to engage with an established U.S. foreign assistance agency and contribute to poverty reduction efforts.
The Green Climate Fund (GCF), initiated by the UNFCCC in 2010, is the foremost fund aiding developing countries in climate change efforts, with USD 51.9 billion in co-financed projects globally. It aims for an equal focus on mitigation and adaptation, prioritizing aid to vulnerable regions. Started with a $10.3 billion pledge, GCF adopts a partnership approach to spur a global transition towards sustainable, low-emission development through international and local collaborations across sectors.