Open Society Foundations Complete Restructuring, Commit $400M to Green Jobs

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Source: The Associated Press
Open Society Foundations Complete Restructuring, Commit $400M to Green Jobs
Photo: The Associated Press
TL;DR

Open Society Foundations, led by George Soros, announced a $400 million commitment over eight years to support green economic development in six middle-income countries. This marks the first major initiative following a significant internal reorganization. The funding aims to create sustainable jobs and shift towards clean energy, addressing issues like pollution, green infrastructure, and workforce upskilling. The restructuring, driven by Alex Soros, included layoffs and strategic changes to better align with global challenges like climate change and authoritarianism.

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