Results tagged as "progressmakers"

  • Using Technology to Improve Crop Yields for Smallholder Farmers

    By Bolaji Obe, VP, Citi Commercial Bank, Onesmus Mwangolo, Director, Local Corporates Head, Citi Kenya and Eugene Amusin, SVP, Citi Inclusive Finance July 30, 2018 11:00 AM

    Smallholder farmers own small plots of land, usually less than an acre in size, and rely primarily on family labor to grow enough food for subsistence -- and if there’s a surplus, for sale. However, even though these farmers produce four-fifths of the food consumed in Asia and sub-Saharan Africa, according to the United Nation’s International Fund for Agricultural Development (IFAD), low crop yields and uneven seasonal cash flows often mean that farmers face persistent cycles of hunger and poverty. These cycles have existed for generations, but new approaches are emerging to enable smallholder farmers to more effectively obtain the financial support they need to create more sustainable livelihoods for themselves while growing the overall economy.

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  • Citi Continues Partnership with Girl Rising, A Global Campaign Using Storytelling to Educate and Empower Girls

    By Christina Lowery, CEO, Girl Rising April 06, 2018 11:00 AM

    Girl Rising is a non-profit organization dedicated to the empowerment of girls and women around the world. Our movement began in 2013 with the release of the “Girl Rising” film, which tells the stories of nine girls growing up in the developing world, and how they confront barriers to their education. This film, highlighting personal perseverance and potential, remains at the heart of the global campaign to change how girls and girls’ education are valued.

    Though much of our work is still conducted overseas, we also saw a unique opportunity in the United States to support and champion girls’ education. Too many young people graduate without an understanding of social justice, global awareness and civic engagement and we found that teachers were desperate to tackle these issues with their students. As a result, we launched the Girl Rising U.S. Educator program on the heels of the film’s release and our partnership with Citi has allowed us to take this program to the next level.

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  • Kindergarten to College: Placing Higher Education within Reach

    By José Cisneros, San Francisco Treasurer and Bob Annibale, Global Director of Citi Inclusive Finance October 19, 2017 04:00 PM

    One in three San Francisco children are born into families with almost no savings. However, when families save as little as $500 for higher education, their children are three times more likely to go to college.

    Six years ago, we set out to do the inconceivable: collaborate to develop a platform to support a program that would enable every family in the San Francisco public school system to put money away for their children’s education. To achieve this goal, Citi collaborated with the City and County of San Francisco, and the San Francisco Unified School District, to launch Kindergarten to College (K2C) -- the first publicly funded, universal children’s savings account program in the United States.

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  • Powering the Future with Wind

    August 14, 2017 11:00 AM

    Block Island, RI is home to a stunning coastline and is a popular vacation destination for thousands of people each year. However, residents of the island pay some of the highest electricity prices in the country and burn millions of gallons of harmful diesel fuel each year for power. To end this inefficient and harmful dependency, the first offshore wind farm in the U.S. was built to provide clean energy to residents.

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  • Giving Every Kid a Great Shot

    July 31, 2017 09:45 AM

    Giving kids a safe space not only to learn but also to be active outside the classroom is critical to their development. That’s why for over 25 years, the Washington Tennis and Education Foundation (WTEF) has provided support to thousands of students in southeast Washington D.C., where high school graduation rates average only 60 percent.

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  • A Two-Decade Partnership to Strengthen the Wyandotte County / Kansas City, Kansas Community

    By Bill Corrado, Director, Public Finance, Municipal Securities Division at Citi December 05, 2016 11:15 AM

    Citi’s success lies in its ability to not only deliver for our customers and clients, but also to serve as a trusted partner, investing in long-term, mutually-beneficial relationships. One example is our relationship with the Unified Government of Wyandotte County / Kansas City, Kansas. Spanning almost two decades, the relationship began in the late 1990s with the successful development of the Kansas Speedway and now includes the development of the Village West shopping area, a professional soccer stadium, and, most recently, a professional soccer training and development center.

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  • The Panama Metro: A Monumental Step toward Accessible and Sustainable Mobility

    By Susana Garcia de Paredes, Relationship Manager, Corporate and Investment team and Public Sector Head of Citi Panama August 23, 2016 09:00 AM

    Most major cities around the world rely on efficient mass transit systems to ease traffic congestion and make commuting quicker, easier and more environmentally and socially sustainable. But until a few years ago, Panama City – with nearly two million residents – lacked a viable alternative to road transport.

    With more than 5,000 new cars driving onto Panama City’s streets every month, contributing to traffic delays and frustration for commuters, by 2009 the government of Panama had started developing plans to offer commuters a new mass transportation option. The Panama Metro was born.

    Before construction could begin, the government needed to find significant financing. That’s where Citi came in. Building on more than a century of history in Panama – including providing financial support for the construction of the Panama Canal – we chose to take part in this new initiative. Once again, we took on the role of strategic partner to the public sector, providing critical and strategic advice and that no one else could.

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  • Homes for our Heroes

    By Greg Goldberg, Director, Citi Community Capital November 06, 2015 04:00 PM

    None of our nation’s veterans should ever be without a place to call home. Yet on any given day more than 30,000 former servicemen and women are homeless. Thanks to a focus on the problem from multiple levels across both the public and private sectors, this is less than half the number it was just five years ago. Still, there is still more to be done to ensure that all those who have served our nation not only have places they can call home, but are also cared for and supported in any number of other ways, according to their needs and aspirations.

    For the past 25 years, The New England Center for Homeless Veterans in downtown Boston has focused exclusively on helping veterans in need. Every night, more than 300 veterans are in permanent or some form of transitional housing at the organization’s landmark building on Court Street, while more than 1,500 are helped every year.

    In recent years, as housing and service needs have grown and changed, space and flexibility in the Center’s century-old building had grown increasingly limited. Yet because the organization’s downtown location is close to numerous support services and to other veteran-specific facilities, the Center’s priority was to redesign and renovate the existing facility rather than move. Once they made the decision to renovate, however, it took the Center about two and a half years -- working with multiple levels of government and public and private partners -- to conceive of a new design that repurposed the historic structure into a state-of-the art facility.

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  • Safeguarding Those Who Safeguard
    our Freedom

    By Andrew McCawley, President and CEO, the New England Center for Homeless Veterans November 04, 2015 06:00 PM

    Like most Americans, the Board of Directors and staff at the New England Center for Homeless Veterans believe that no one who has served this country should find themselves without a home in this country

    Five years ago, on any given night more than 75,000 veterans in this country were experiencing homelessness. Through a combined federal, state and local focus, this number has been cut in half, but there are still too many former servicemembers experiencing that disruptive and disabling condition known as homelessness.

    During the three decades that I had the honor of serving in the U.S. Navy, I found that one of the most compelling and rewarding elements of my experience was the opportunity to work with, and alongside so many young Americans. Most of those dedicated young people did not come from privilege or advantage, but never-the-less they were committed to their country and to their shipmates, and they took on incredible responsibilities and rose to and overcame every challenge, adversity and danger.

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  • Preserving the Everglades for Future Generations

    By Michael Hole, Managing Director, Municipal Securities Division, Citi September 30, 2015 10:00 AM

    Growing up on the southwest coast of Florida in the town of Naples, the Everglades was practically my backyard. My father used to take me there fishing, and I have fond memories of being out on the boat with him, waiting for the fish to bite, and of all the wildlife we would encounter. It was a beautiful wilderness, yet at the time I had no idea how delicate this ecosystem was, or that the Everglades had already lost half its original expanse and was in danger of disappearing.

    Since the 1970s, the South Florida Water Management District has worked to protect the Everglades by funding and implementing a wide variety of restoration programs. In my role at Citi, I’ve helped this government agency obtain financing for several of its most important projects.

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