The Walton Family Foundation has awarded $1.2 billion to the new Crystal Bridges Museum ofAmerican Art in Bentonville, Arkansas.
The grant money was divided in two, $800 million will fund museum operations, art acquisitions and future capital improvements. Meanwhile, the additional $403 milion will fund artwork and general operating expenses.
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The United Nations Framework Convention on Climate Change is setting up its new Green Climate Fund to “provide support to developing countries to limit or reduce greenhouse gas emissions.”