Unstructured Finance

Panera’s pick-what-you-pay cafe holds its own

July 28, 2010

panera2Panera Bread’s hometown experiment in altruism appears to be working.

About eight weeks after opening Panera Cares — a nonprofit restaurant that invites customers to take what they need and pay what they can — executives say it appears to be on-track to covering its costs and becoming self-sufficient.

Millions Fed: some solutions close at hand

November 11, 2009

More than a billion people go hungry each day — about the same number as did in the late 1950s. That’s both a “tragedy on a grand scale” and an “astounding success,” according to a new report called “Millions Fed,” produced by the International Food Policy Research Institute and the Bill and Melinda Gates Foundation.
    
While the absolute number of hungry people is the same as it was 40 years ago, the proportion is dramatically smaller — one in six today, compared to one in three then, the report said. It illustrates 20 successful case studies where progress has been made in the fight against hunger.

But will shareholders back hunger fight?

October 22, 2009

The world needs to spend $83 billion a year to ensure it can produce enough food amid a changing climate for its growing population by 2050, the UN’s Food and Agriculture Organization estimates.
    
Rich countries have pledged more than $22 billion over three years to help small, impoverished farmers grow and sell more by investing in seeds, fertilizer, roads and marketing infrastructure.
    
GATES/Philanthropists have thrown their weight behind the goal. Bill Gates challenged research companies last week to make new technologies available to small farmers without charging them royalties. (Click on the link at the bottom to see his full speech to the World Food Prize forum.)

Less talk, more action needed on food security

October 13, 2009

World Food Day is Friday, and on opposite sides of the developed world, two large groups of experts have gathered to talk about the risks of food insecurity and what should be done to reduce hunger. In Rome, the UN’s Food and Agriculture Organization is mulling how to feed the world in 2050, and in Des Moines, Iowa, the World Food Prize forum will focus on the role of food in national security.

Will food banks need a bailout?

November 19, 2008

Job losses and rising costs for food and housing are driving up demand for emergency meals from charities and food pantries around the United States. But donations aren’t keeping up.