The Citi Foundation has announced the recipients of its Global Innovation Challenge, granting a total of $25 million USD to 50 community organisations working to improve food security and strengthen the financial health of low-income communities worldwide. Each organisation will receive $500,000 USD to support initiatives in food access, availability, affordability, and community resilience. The innovations range from connecting food supply and demand through apps to implementing sustainable farming practices and setting up urban gardens. The grants will span two years, and recipients will have access to a leaning community facilitated by IDEO.org to collaborate and share best practices. The initiative aligns with Citi’s commitment to addressing social and economic challenges and complements its existing efforts in the food security space.
Resource: https://esgnews.com/citi-foundation-announces-recipients-of-inaugural-global-innovation-challenge/