February 26, 2014
In launching a program to provide child care, a playpen—or both—to some 80,000 Bangladeshi children ages 1 to 4, the foundation is pursuing a low-cost solution that could be scaled up after a two-year trial. The idea came from program officers currently working on another Bloomberg project to reduce tobacco use in Bangladesh.Read more
February 4, 2014
The Bloomberg project to “save the oceans and feed the world” is called the Vibrant Oceans Initiative. Over the next five years, Bloomberg Philanthropies is going to dole out $53 million to three organizations to fund specific fisheries reforms in Brazil, Chile, and the Philippines. The three organizations—Oceana, Rare, and EKO Asset Management—are all based in the U.S.Read more
January 28, 2014
Michael Bloomberg’s fondness for fish is already well known thanks to the luminous tropical fish tanks that dot the offices of the billionaire’s sprawling global media empire.
The former New York City mayor is about to go a step further, however, with a $53m grant from his Bloomberg Philanthropies foundation to combat the chronic overfishing some experts say is threatening the world’s fish supply.Read more