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Starbucks is investing in two " innovation farms" in Central America in an effort to protect its coffee supply from the effects of climate change, CNBC reports.
The farms in Costa Rica and Guatemala will study hybrid coffee varieties to advance research and development of climate-resilient coffee.
Even a half a degree difference at the wrong time can make a big impact on coffee yield, flavor, and aroma, according to the Climate Institute.
"Through these innovation farms, we will develop solutions that will not only improve coffee productivity and quality but also empower farmers with the tools and knowledge needed to thrive in a changing world and challenging climate," Starbucks vice president of global coffee agronomy, R&D, and sustainability, Roberto Vega, says in a statement.
Starbucks has distributed approximately 90 million climate-resistant coffee trees and more than 53 million coffee seedlings to farmers.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The world's longest-serving member of the House of Representatives is stepping down from his post at the end of the year, the AP reports. Rep. Manny Pacquiao has announced that he will not...more
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When it comes to assessing the risks of climate change, Standard & Poor's has a new metric to look atand it's a pretty good one. The company's Global Climate Center of Excellence on Tuesday...more
Starbucks is investing in two " innovation farms" in Central America in an effort to protect its coffee supply from the effects of climate change, CNBC reports. The farms in Costa Rica and...more
Foundation: Gates Foundation, Global Fund for Women
Bill and Melinda Gates are putting their money where their mouth is to help people in Sudan. The two are among nine donors who have pledged $4.5 million to help local aid groups in the country,...more
A new report from the European Central Bank is out, and it calls for price controls on prescription drugs to cut down on drug costs and spur innovation, the Wall Street Journal reports. The...more
Good news for Italy: Its consumer confidence index rose to 98.3 in September from an eight-month low of 96.1 in August, reports the Wall Street Journal. The sub-index of personal confidence rose...more
When Amit Bhatia quit his corporate job in 2007 to work on social and environmental issues, he created Aspire Impact and Aspire Circle. Now he's created Impact Ratings, and he wants to make it...more
Prudential Financial's $2 trillion in assets under management is about to get a little more green. The company says it plans to invest more in companies that focus on social, economic, and...more
President Trump's tariff war with China appears to be just the opening salvo in what could be a long and bitter battle over trade between the world's two biggest economies, sources tell...more
Social Entrepreneurship
Spotlight
Why This Book Needs to be Read By Every Social Entrepreneur
Pedagogy of the Oppressed, a 1970s book by author Paulo Freire, envisions a world not as a given reality, but as “a problem to be worked on and solved.” That mentality is often applied to the greatest social entrepreneurs.
