The Gordon and Betty Moore Foundation has announced more than $90 million in grants to advance the effort to free food production from negative environmental impacts. The grants will support a series of collaborations between national and international conservation organizations and the foundation’s Forests and Agriculture Markets, Conservation and Financial Markets and Oceans and Seafood Markets.
“Now more than ever, the need to produce food without causing severe environmental degradation is essential to maintaining the productive capacity and integrity of the Earth’s ecosystems.” said Aileen Lee, program director for the conservation and markets strategies and incoming chief program officer for environmental conservation at the Gordon and Betty Moore Foundation.
Funds awarded through the foundation’s forest initiative will support a collaboration with the National Wildlife Federation, the Nature Conservancy, and the World Wildlife Fund, which hopes to scale more sustainable, deforestation-free production of beef and soy across the globe by leveraging the influence of domestic and multinational companies to incentivize practices aimed at preventing deforestation.
More than $40 million of the funding for the three initiatives will be reserved for responding to needs that come up as the work unfolds and half the funding will be re-granted to other organizations whose expertise may be needed to achieve the initiatives’ goals. To read the full press release, please click here.
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