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  News from Jul 25, 2008
  2008/07/25

WASHINGTON, July 25, 2008 /PRNewswire-USNewswire via COMTEX/ -- Donors Can Choose to Support the Causes They Care About while Minimizing Carbon Footprint
 
GlobalGiving, the leading online marketplace for philanthropy, today launched GlobalGiving Green(TM), http://www.globalgiving.com/green, a one of a kind scoring system that measures the climate impact of social entrepreneurs and other development projects in communities around the world, from Nepal and Tanzania, to Honduras and the United States.

The developing world faces a double burden: Climate change threatens poor communities with economic devastation in the form of floods, droughts, and ruined harvests. But every developed country in the world today has come to its wealth and well-being through a carbon-intensive path, that if repeated across the developing world today would cancel out any efforts we have made to combat global warming to date or in the future.
 
"Through GlobalGiving Green we are taking an unprecedented approach to supporting development through a climate change lens," said Dennis Whittle, co-founder and CEO of GlobalGiving. "The goal is to set the standard for evaluating grassroots, on-the-ground projects against criteria that take into account both environmental and other development-related 'co-benefits.' With this additional layer of screening, people who want to 'give green' have the information and tools to do so quickly and easily."
 
GlobalGiving worked with EcoSecurities, a world leader in emissions reduction markets, to develop a framework to score the climate change impact of grassroots development projects. Each project is evaluated not only according to how well it helps reduce harmful emissions, but also how it stacks up in areas such as providing sustainable, positive economic growth, aiding the culture and environment of a community, educating future generations on green techniques, and more.
 
For the full article, please visit: http://www.marketwatch.com/news/story/globalgiving-launches-first-ever-green-scoring/story.aspx?guid=%7B90E06445-AF6B-4672-8188-F568DFAE0E6C%7D&dist=hppr  

Posted at 25 Jul @ 11:20 AM by Lauren Berry | 0 comments

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