Google.org Targets Climate Change, Poverty and Emerging Threats

Google.org has announced five core initiatives that will be the focus of its philanthropic efforts over the next five to ten years. The philanthropic arm of Google announced $25 million in new grants and investments to initial partners as the part of the core initiative roll out.

Google.org’s five initiatives and partners include:

Predict and Prevent: supporting “efforts to empower communities to predict and prevent events before they become local, regional, or global crises, by identifying “hot spots” and enabling a rapid response.” Grants as follows:

Inform and Empower to Improve Public Services: working with partners to improve the flow of vital information to improve basic services for the poor in India and East Africa. Grants:

Fuel the Growth of Small and Medium-Sized Enterprises: supporting efforts to lower transaction costs to invest in SMEs in the developing world, create opportunities to access larger financial markets and make investments in this sector.

Develop Renewable Energy Cheaper Than Coal, a cross-Google collaboration with a goal of producing one gigawatt of renewable energy capacity that is cheaper than coal, within years not decades.

Accelerate the Commercialization of Plug-In Vehicles (RechargeIT), a Google.org initiative that aims to reduce CO2 emissions, cut oil use and stabilize the electrical grid by accelerating the adoption of plug-in hybrid electric vehicles and vehicle-to-grid technology. $10 million in amounts ranging from $500,000 to $2 million in selected for-profit companies “whose innovative approach, team and technologies will enable widespread commercialization of plug-in hybrid electric vehicles, electric vehicles and/or vehicle-to-grid solutions.”

See our previous coverage of Google.org announcements here and here.

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