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The Zero Gap Fund has raised more than $1 billion to tackle some of the world's "most pressing challenges," including climate change, regenerative agriculture, financial inclusion, and access to essential services, the Rockefeller Foundation says in a press release.
The fund, a partnership between the foundation, the MacArthur Foundation, and the John D.
MacArthur Foundation, has invested more than $1 billion in 12 investments since it was launched in 2013, the New York Times reports.
"These pioneering financial solutions lay the groundwork for channeling even greater private capital flows to investments that deliver positive impact to at-risk people, communities, and ecosystems," the press release says.
The Zero Gap Fund's investments have had a "positive impact on at-risk people, communities, and ecosystems," the press release says.
In its fifth year, the fund has mobilized more than $1.04 billion from partnering investors, the Times reports.
The fund has invested in companies that are developing technologies to address climate change, regenerative agriculture, financial inclusion, and access to essential services, the press release says.
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Google+ and Mashable Holds First Charity Hangout-a-thon
Mashable is teaming up with Google+ for its first-ever Hangout-a-thon on Dec. 3 for Giving Tuesday. The Hangout-a-thon is a phoneathon for the connected generation of the 21st century, which features 12 hours of captivating guests sharing updates on some of the most disruptive nonprofits working today.