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Open Society Foundations’ Soros Economic Development Fund Commits $25 Million to Allied Climate Partners’ Climate Finance Partnership

New York, Feb. 27 (Korea Bizwire) — The Soros Economic Development Fund (SEDF), the impact investment arm of the Open Society Foundations, is committing $25 million to Allied Climate Partners (ACP)—a new and innovative public-private partnership focused on increasing the number of bankable climate projects in emerging markets and developing economies around the world. ACP aims to address a [...]

Open Society Foundations Announce 2023 Soros Justice Fellows

New York, Nov. 03, 2023 (Korea Bizwire) – The Open Society Foundations is pleased to announce the 2023 cohort of Soros Justice Fellows, which includes a mix of emerging and established leaders in the field of criminal justice reform, including public educators, artists, lawyers, activists, non-profit innovators, journalists, and filmmakers from across the United States. [...]

New Study: Failing Global Debt System Costs Lives

New York, June 22 (Korea Bizwire) — New research supported by the Open Society Foundations shows that increasing delays in resolving sovereign debt crises in some of the world’s poorest countries are significantly adding to the human cost of defaults—cutting economic growth, reducing life-expectancy, and worsening child mortality rates. The analysis, The Human Costs of the [...]

Open Society Announces $1.7 Million to Support Middle East and North Africa Debt Swap for Sustainable Development

Amman, March 15 (Korea Bizwire) — The Open Society Foundations today announced that they are giving $1.7 million to a United Nations initiative in the Middle East and North Africa region (MENA) that seeks to catalyze increased public spending on achieving the UN’s Sustainable Development Goals by negotiating reduced national debt service payments. Importantly, the [...]

Civil Society Leaderes Urge Action on Debt, Inflation, and Climate Change, Renew Calls for Russia to be Held Accountable for War Crimes

New York, Sept. 8 (Korea Bizwire) — As world leaders gather for the United Nations General Assembly, the Open Society Foundations is calling for bold steps to address critical worldwide crises, including: A global rescue plan that sees higher-income countries committing 2% of their GDP to tackle spiraling living costs and embracing solutions such as [...]

Open Society Condemns Travesty of Justice in Kavala Verdict

New York, April 25 (Korea Bizwire) — The Open Society Foundations are appalled by today’s Turkish court decision to sentence Osman Kavala—the business leader and philanthropist—to life in prison, even though no credible evidence was ever presented to substantiate the baseless charges against him. “Today a Turkish judge ruled against Osman Kavala even though there [...]

New Gavi Risk Sharing Partnership with MedAccess and the Open Society Foundations to Help Meet Country Demand for COVID-19 Vaccines

New York, April 7 (Korea Bizwire) – MedAccess, the Open Society Foundations, and Gavi, the Vaccine Alliance today announced a new partnership to create a Risk Sharing Facility to help countries procure additional COVID-19 vaccine doses, including variant-adapted doses in response to risks and shocks. The $200 million facility is designed to enable countries to protect [...]

Open Society Launches Fund for a Free and Democratic Ukraine

New York/Berlin/Kyiv, March 4 (Korea Bizwire) — The Open Society Foundations today are pledging an initial $25 million to launch the Ukraine Democracy Fund and urge other funders to join us in supporting civil society in Ukraine in response to Russian President Vladimir Putin’s assault on democracy. This initiative builds on Open Society’s more than [...]

Open Society Names Natalie Samarasinghe as Global Director for Advocacy

New York, Nov. 2 (Korea Bizwire) — The Open Society Foundations today named Natalie Samarasinghe as their first global director of advocacy, as part of their drive to speak with a powerful international voice for justice, equity, and free expression. Samarasinghe joins Open Society with more than 15 years of advocacy and management experience, most [...]

Open Society Foundations Call for Release of Wrongfully Imprisoned Kavala

New York, Nov. 1 (Korea Bizwire) — The Open Society Foundations join today with thousands of voices inside and outside Turkey, calling on the Turkish government to comply with the rule of law and end the imprisonment of Osman Kavala, the philanthropist and businessman who today marks his fourth year behind bars. “The continued prosecution [...]