The Black LA Relief & Recovery Fund aims to support both the immediate and long-term needs of Black communities impacted by the fires.
The fund has raised $4.4 million to date and will be used to support organizations that provide assistance for things like housing, counseling, youth services, financial aid and distribution of goods.
A critical goal of the fund is to make the recovery equitable.
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The Central Bank of Nigeria (CBN) released the Nigerian Sustainable Banking Principles, an agreement signed by 34 banks, including the original eight of the nation’s leading banks, that covered nine key areas: environmental and social risk management, environmental and social footprint, human rights, women’s economic empowerment, financial inclusion, environmental and social governance, capacity building, collaborative partnerships and reporting.