Exploring the Potential of Satellite-Based Mission Investment and Financing

credit:

There's a new way of helping the world's poorest people, and it doesn't involve sending in satellites.

Instead, the Bill and Melinda Gates Foundation is putting its money where its mouth is, according to a report published Tuesday in the journal Nature Communications.

The foundation is investing $50 million in a new way of looking at climate change, poverty, and inequality: through the use of satellite data.

"By using satellite data to monitor the impact of investments in various sectors, including agriculture, energy, and infrastructure," the report explains, " investors can monitor the impact of their investments in real-time."

The Gateses are putting their money where their mouth is: They're investing in a project called Terra-i, which uses satellite imagery to monitor deforestation in the Amazon rainforest.

"By tracking changes in land use over time, Terra-i has been able to identify areas where deforestation is occurring and work with local communities to develop sustainable land use practices," the report states.

Terra-i is also working with communities in Brazil to develop sustainable land use practices.

The report notes that using satellite data to fund such projects can be a challenge, as it requires specialized expertise to analyze and interpret the data, and it can be hard for smaller investors and organizations Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

What Is a Program Related Investment?
Foundation: Gates Foundation

Bill and Melinda Gates are putting their money where their mouth is. The world's two biggest philanthropists have each donated $50 million to the Bill and Melinda Gates Foundation, CNN...more

Exploring the Potential of Satellite-Based Mission Investment and Financing
Foundation: Gates Foundation

There's a new way of helping the world's poorest people, and it doesn't involve sending in satellites. Instead, the Bill and Melinda Gates Foundation is putting its money where its mouth is,...more

U.S. Impact Investing Alliance Names John Palfrey, President of the John D. and ...
Foundation: MacArthur Foundation, Ford Foundation

"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more

U.S. Impact Investing Alliance Names John Palfrey, President of the John D ...
Foundation: MacArthur Foundation, Ford Foundation

"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more

U.S. Impact Investing Alliance Names John Palfrey, President of the John D. and ...
Foundation: MacArthur Foundation, Ford Foundation

"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more

Impact Investor Illumen Capital Closes $168M Vehicle

"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more

Impact Investor Illumen Capital Closes $168M Vehicle

"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more

Startup Health Announces Type 1 Diabetes Program-Related Investment by the Helmsley ...
Foundation: Helmsley Charitable Trust

"There is no shortage of early-stage innovators with bold ideas that could lead to better management of T1D or to prevention," Sean Sullivan, a program officer at the Helmsley Charitable Trust, says...more

How To Align Assets With Mission: Small Steps That Nonprofits Can Take

If you own stock in CoreCivic, a company that runs America's largest privately run prisons, you may not be doing much for the environment or human rights. But if you own stock in CoreCivic, a...more

Big Announcement of CM Mann in Mumbai, Said- Film City Will Be Made in Punjab

The chief minister of India's Punjab state, which boasts one of the highest per-capita rates of violent crime in the country, has announced plans to create a "film city" in his state, the BBC...more