The in Stockholm, Sweden, has announced a SKr180 million ($20.5 million) commitment in support of ongoing efforts to improve access to education, clean water, and women's economic empowerment around the globe.
The three-year partnerships with , , and will build on the foundation's previous initiatives to expand access to education, provide schools with clean water and toilets, and enable women to start or expand businesses. With the new funding, UNICEF will develop a tool to highlight the role of early-childhood efforts in the development of tolerance, cooperation, and respect and, ultimately, the prevention of conflicts; WaterAid will share learnings and best practices related to the delivery of sustainable access to water, sanitation, and hygiene services; and CARE will release a report on the economic and social value of investing in women's enterprise development.
"There is a constant need for new partnerships and innovative solutions, and the H&M Foundation will continue to be a catalyst for positive change for the planet, communities, and people," said Karl-Johan Persson, an H&M Foundation board member and CEO of Hennes & Mauritz AB. "It is a long-term commitment from my family, and this work has just begun."