(New York Times) After the horrific earthquake in Haiti on January 12, organizations pledged $1.35 billion to aid in the rebuilding process, but less than $23 million has actually been given to the Haiti government. Robert B. Zoellick, president of the World Bank, said that “The budget support is fundamental.” Part of the problem is that many donors settle on the kind of help Haiti needs without working with the Haitian government, citing concerns of government corruption. Haiti President Rene Preval plans to speak to the United Nations about a reconstruction plan on March 31, 2010.
(New York Times) An international donor conference is taking place at the United Nations to aid in the reconstruction of Haiti. Donors hope to pledge up to $4 billion in a worldwide effort to rebuild Haiti. The conference is one day and includes 120 countries, international organizations, and agencies. US Secretary of State Hillary Clinton co-hosted the meeting and confirmed that the United Nations would pledge $1.15 billion.
(LA Times) LA Health Care received a $500,000 donation for the Martin Luther King, Jr. hospital nonprofit. The LA Health Care Plan serves Medi-Cal recipients, uninsured children, and other people nation-wide who cannot afford adequate healthcare. Several other donations have been made to the hospital, including a $100-million guaranty from Los Angeles pharmaceuticals billionaire Patrick Soon-Shiong and president and chief executive of the California Endowment Bob Ross, who donated $5 million in November. The Martin Luther King, Jr. hospital is expected to open in 2012.
(AMEInfo) USAID supported the Edama Association and American Association of Energy Engineers (AEE) in launching the Jordan Energy Act, making Jordan the third country in the Middle East to join AEE, following Kuwait and Egypt. The Jordan Energy Act will provide more efficient energy standards for Jordan, promoting environmental sustainability and propelling the local economy.
(Balkans.com) OPIC has provided a $30 million loan to Turkey in order to fund an aluminum recycling plant that runs on natural gas. The facility will be located in Tekirdag, outside of Istanbul, and will measure 6500 square meters. OPIC Acting President Dr. Lawrence Spinelli said of the plant, “This project demonstrates that clean technology applies not only to energy production but to industrial processes such as recycling, by using innovative means to both reduce emissions and save customers valuable time and expense.” The recycling plant is expected to be in full operation in November.