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Rockefeller Foundation Commits US$100 Million to Serve 100 Million Children Nutritious School Meals

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5-year effort announced at Nutrition for Growth (N4G) Paris summit to expand support to more than a dozen countries worldwide and in the United StatesThe Rockefeller Foundation and partners to strengthen countries’ food systems, while boosting nutrition and investment in locally and regeneratively sourced foods

PARIS, March 27, 2025 /PRNewswire/ — As part of the 2025 Nutrition for Growth Summit (N4G), hosted by the French Ministry for Europe and Foreign Affairs, The Rockefeller Foundation announced a new US$100 million commitment to address rising global nutrition insecurity by supporting more than a dozen countries’ efforts to expand and further develop their school meal programs. This five-year effort, which builds on initial work in Brazil and Kenya, aims to reach 100 million children worldwide and in the United States with more nutritious, locally, and regeneratively grown school meals. A partner of the School Meals Coalition, The Rockefeller Foundation will collaborate with others, including Novo Nordisk Foundation and the UN World Food Programme (WFP), to help strengthen the resilience of countries’ food systems, improve the nutritional quality of school meals, mobilize finance, and help design procurement standards that incentivize investment in locally and regeneratively sourced foods. 

During a special session titled, “Together to Feed the World: Mobilizing the Private Sector and Philanthropists for Global Food,” President of the Republic of France Emmanuel Macron, who announced that France would commit €750 million for projects promoting nutrition, said that, “Our health depends on what we eat and therefore the health of our soil, our plants, and our animals. We see how much this fight for nutrition is twinned with our fight for health, biodiversity, and the environment.” He also thanked The Rockefeller Foundation for its US$100 million commitment, noting it “will allow us greatly to accelerate our work…adding even more strength to it.”

Dr. Rajiv J. Shah, President of The Rockefeller Foundation, said: “The world can’t stand by and let kids go hungry. We need to come together behind bold, innovative solutions like locally grown, sustainable school meals that address today’s urgent needs while safeguarding against tomorrow’s urgent threats. This announcement reflects The Rockefeller Foundation’s commitment to delivering results for people in the United States and around the world by investing in solutions and working with a range of partners that can advance the food security of children, economic opportunities for farmers, businesses, and communities, and the health of our planet.”

Today, over 2.8 billion people cannot afford a healthy diet, and according to the WFP, 153 million children and young people go to bed hungry every night. In addition to the estimated 550,000 people who could die worldwide within a year due to cuts in food aid, per the Center for Global Development, nutrition insecurity leads to a multitude of negative physical and mental outcomes. This includes high rates of anemia, lower academic performance, and increased absenteeism, along with other long-term consequences.

In response, The Rockefeller Foundation, in collaboration with others, plans to advance a range of public, private, and non-profit efforts over the next five years across three core areas:

Supporting countries as they expand their school meal programs and improve the nutritional quality of meals. For example, The Rockefeller Foundation will help improve the nutritional quality of school meals by increasing consumption of micronutrient-rich, locally grown, indigenous, and more resilient crops like millet, teff, and sorghum on school menus. It will also continue to support nutrition research, including on fortified whole grains and adapted crops, to more deeply understand the nutritional, environmental, and economic benefits of incentivizing better sourcing for school meals.

Cultivating local economic development and facilitating a stable market. This includes generating a supply chain for school meals from local farmers and production by working with investors and other philanthropies to provide upfront capital for regenerative agriculture transitions along supply chains connected to school meal programs. The Rockefeller Foundation will start with “proof point” countries that will model the initial investment before scaling the effort with partners to other countries. For example, countries like Brazil have demonstrated the power of effective procurement with 30% of school meals sourced from family farms. With additional incentives to shift to agroecological practices, according to research by IPEA in Brazil, the program led to income gains ranging from 23-106% for farmers.  

Working with partners to mobilize financing and galvanize support for countries’ school meal efforts. The Rockefeller Foundation will also collaborate with cross-sectoral coalitions, including, but not limited to, the Agroecology Coalition, which has 300 public and private sector members across 55 countries committed to agroecological food system transformation; Global Alliance Against Poverty and Hunger, which is part of Brazil’s G20 presidency; World Business Council for Sustainable Development, a CEO-led organization of over 225 international companies; and Regenerative and Agroecological Finance for Transition (RAFT), a collaborative initiative between 32 philanthropic partners aiming to accelerate and scale regenerative and agroecological approaches to transform global food systems.

School meals, which feed an estimated 418 million children worldwide, have consistently been shown to improve nutrition, increase attendance, improve education outcomes (especially for girls), and drive economic growth and development. Providing a significant return on investment, ranging from US$7 to US$35 for every dollar spent, the WFP also calculates that for every 100,000 school meals served, 1,377 jobs are created.

“Today’s announcement brings The Rockefeller Foundation’s total investment in global nutrition to more than $220 million,” said Elizabeth Yee, Executive Vice President of Programs at The Rockefeller Foundation, during the special session at the French Foreign Ministry. “Our $100 million in new funding will reach 100 million children with more nutritious meals, by connecting the demand for school feeding programs, with the supply of locally grown food – creating new opportunities for farmers, children and the planet alike. Bottom line: school meals are more than just food; they’re the fuel for opportunity and a brighter future.”

This new US$100 million commitment to advance universal locally grown and regenerative school meals both in the United States and around the world is part of a more than US$220 million that The Rockefeller Foundation has committed to nutrition initiatives benefiting people, the planet, markets, jobs, and beyond. This includes The Rockefeller Foundation’s ‘Big Bet’ of US$100 million to advance Food is Medicine solutions in the United States and over US$20 million for the Periodic Table of Food Initiative, which is providing standardized tools, data, and training to map food quality of the world’s edible biodiversity.

Statements of Support:

“As the world’s largest humanitarian organization, WFP fights hunger on the ground in 120 countries supporting millions of people every year. We have the global reach, the scale, and the ability to help our partners deliver assistance where it matters most. Our work with governments and partners like The Rockefeller Foundation supports school meals programs that transform the lives of children, boost local economies, and help vulnerable communities tackle the root causes of food insecurity all across the world. Together, we can ensure that no child goes to bed hungry.” ― Cindy McCain, Executive Director of the World Food Programme

“With this substantial investment, The Rockefeller Foundation will be playing a key role in advancing school meals at the global and national levels. We look forward to growing our strong collaboration around the world and in Brazil.” — Daniel Balaban, Director of the WFP’s Centre of Excellence Against Hunger in Brazil

“Good nutrition is the building block for lifelong learning, earning, and good health. In a world of increasing pressure and complexity, it is more important than ever for us to scale solutions that break silos – delivering all the things that future generations need to thrive. Universal school meals are exactly this kind of solution, and we applaud The Rockefeller Foundation for their exciting commitment to this work.” — Matt Freeman, Executive Director of Stronger Foundations for Nutrition

“I am excited about this bold intervention from The Rockefeller Foundation focused on propelling catalytic capital, innovation, locally led solutions, and strategic partnerships to transform and scale school meal programs in more than a dozen countries This visionary program will ensure that 100 million children around the world obtain the nutrition they need to thrive and live full and meaningful lives, empower farmers and communities, and build a more sustainable future.” ― Ndidi Okonkwo Nwuneli, President and CEO of the ONE Campaign and member of The Rockefeller Foundation Board of Trustees

About The Rockefeller Foundation
The Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at www.rockefellerfoundation.org/subscribe and follow us on X @RockefellerFdn and LinkedIn @the-rockefeller-foundation.

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SOURCE The Rockefeller Foundation

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New funding arrangements for Mainstream finalized

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FORNEBU, Norway, April 3, 2025 /PRNewswire/ — Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”).

The new funding will enable Mainstream to deliver on its updated and more focused strategy, concentrating on developing its pipeline of projects primarily in three core markets where it sees the greatest potential for value creation – South Africa, Australia, and the Philippines – and creating value through strong project execution, a lean cost base and capital efficiency.

In 2023, Mainstream secured a corporate facility of up to USD 220 million with DNB, supported by shareholders. Aker Horizons’ share of the sponsor commitment is 58.4% of the maximum facility size, equivalent to USD 129 million. This amount will be provided to Mainstream as a shareholder loan, disbursed in phases: USD 75 million will be provided in April 2025, while the remaining USD 53 million will initially be provided through an extended letter of credit facility expected to be converted to shareholder loans in 2025 and 2026.

Additionally, new funding for Mainstream has been agreed upon in the form of a shareholder loan facility of up to EUR 64 million provided pro-rata 70% by Aker Horizons and 30% by Mitsui, along with a letter of credit facility with DNB of up to EUR 64 million, also backed pro-rata by Aker Horizons and Mitsui. Both facilities may be drawn until maturity at year-end 2026, with drawdowns contingent on reaching agreed milestones under Mainstream’s updated strategy.

For further information, please contact:

Jonas Gamre, Investor Relations, tel: +47 97 11 82 92,
email: jonas.gamre@akerhorizons.com

Mats Ektvedt, Media, tel: +47 41 42 33 28,
email: mats.ektvedt@corporatecommunications.no 

About Aker Horizons

Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. www.akerhorizons.com 

About Mainstream Renewable Power

Mainstream Renewable Power is a leading pure-play renewable energy company with wind and solar assets across Europe, Latin America, Africa, and Asia-Pacific. Mainstream is one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. The company has successfully delivered 6.6 GW of wind and solar generation assets to financial close-ready and has a global project portfolio of 22.7 GW.  www.mainstreamrp.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/new-funding-arrangements-for-mainstream-finalized,c4130783

 

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KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation

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VICTORIA, Seychelles, April 3, 2025 /CNW/ — KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.

Unwavering Commitment to Compliance

KuCoin’s growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin’s application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.

Trusted and Innovative Solutions Driving Growth

KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.

A Word from CEO of KuCoin

“Our journey to 40 million users is not just a number—it’s a testament to the trust we’ve built with our users across the globe,” said BC Wong, CEO of KuCoin. “We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users.”

Looking Forward

As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

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iScanner broadens the eco-program and supports small businesses to become more sustainable

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Small and medium businesses that try to be sustainable and reduce paper consumption can receive special certificates from iScanner to highlight their efforts.

MIAMI, April 3, 2025 /PRNewswire/ — For Earth Day 2025, the award-winning app for scanning and managing documents, iScanner, launches a new feature for encouraging small and medium business owners to implement sustainable paper use practices. Every business that actively uses electronic documents instead of paper can get special certificates from iScanner that prove their dedication to a paperless lifestyle.

Every document users export by iScanner contributes to saving trees. The app tracks exported pages and converts them into three parts until users save an entire young tree. There are eight certificates from Twig (100 scans) to Tree Hero (4,000 scans). The final achievement means users have saved a small tree—that’s approximately how many pages it takes. For one year of the eco program’s existence, iScanner users have saved almost 50K trees in total.

iScanner certificates are available in digital format for sharing on the company’s social networks, or for printing, which allows to hang them on the wall at the office to let every customer know about the corporate green impact.

The launch of the new feature with eco certificates became the next step of the iScanner eco-achievements program. The program was inspired by iScanner’s research, which revealed that Americans take the issue of paper overuse very seriously, but small businesses face challenges and barriers while trying to implement eco-friendly initiatives.

“As an app with a focus on digitalization of paperwork and reducing paper consumption, we hope that eco certificates will help small and medium businesses to grab customers’ attention and stand out among competitors,” said Marina Alekseichik, Product Manager & Sustainability Strategist of iScanner. “Businesses that care about the environment should be more visible because they make enormous efforts to provide good services or products and save natural resources at the same time.”

iScanner is a popular AI-powered scanning and document management app with over 125 million downloads and is available on iOS, Android, and the Web. The app allows users to convert scans into different formats, edit, sign, and turn any image into editable and searchable documents. Moreover, iScanner offers innovative AI-based features such as erasing fingers from scans, deblurring, polishing documents, and AI chat for PDF summaries, searches, and more.

The iScanner app was developed by BP Mobile (AIBY Group).

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SOURCE AIBY Group

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