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Swiss Pumps $300 Million into a Geneva Left Reeling from US Cuts

Swiss Pumps $300 Million into a Geneva Left Reeling from US Cuts

Bloomberg20-06-2025
Switzerland plans to invest more than $300 million to help international organizations in Geneva stay afloat after cuts in financing for multilateralism led by the US.
Geneva, a historic hub for global diplomacy, is home to 38 international organizations including the World Health Organization, the World Trade Organization and the International Committee of the Red Cross. They employ 29,000 people, spend some $7 billion each year and support around 400 non-governmental organizations.
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This article is republished from The Conversation under a Creative Commons license. Read the original article. Kevin Anderson is presenting views here that belong to the named authors, and do not necessarily reflect those of researchers within the Tyndall Centre for Climate Change Research. Chris Jones has received funding from UKRI. The views in this article are of the author and do not necessarily reflect those of the Tyndall Centre for Climate Change Research. Gaurav Gharde does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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