Get all your news in one place
100’s of premium titles. One news app. Zero ads. Just $10 per month.

Gates Foundation announces $1.27 billion financial aid to address poverty, social inequalities

File: Bill Gates.  (ShutterStock)

The following announcement arrived after the Foundation in its annual Goalkeepers report noted that nearly every indicator of the UN sustainable development goals are off track for achieving them by 2030.

The report highlighted opportunities to accelerate progress by investing in long-term solutions and innovative approaches to entrenched issues, including poverty, inequality, and climate change.

The two-day Goalkeepers event at the Lincoln Center in New York coincided with the annual session of the UN General Assembly.

ALSO READ: 'I will be eventually off the world’s richest people list, will give all my wealth to...': Bill Gates

"This week has underscored the urgency of the challenges we face, and the promise of sustainable solutions that save and improve lives," Gates Foundation CEO Mark Suzman said.

"We can get back on track toward the SDGs, but it's going to take a new level of collaboration and investment from every sector. That's why our foundation is significantly stepping up our commitment to helping confront crises now and ensure long-term impact across critical determinants of health and development," he said.

"The last time we gathered in person for Goalkeepers, we talked about how the most well-intentioned programs can perpetuate inequities if the communities they want to reach aren’t involved in the design," said Co-chair of the Foundation Melinda French Gates.

"A lot has changed since 2019, but one thing hasn't: We won't make progress toward the Global Goals unless those with lived experiences have a seat at the table. I am proud of our Goalkeepers Award winners and the many partners from all corners of the world who are working to develop this next generation of leaders," she said.

While Bill Gates said that when governments, the private sector, and local communities collaborate in global health programs, then the greatest progress can be seen.

With PTI inputs.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Post your comment
Related Stories
Gates Foundation prods UN, honors inspiration as Goalkeepers
Bill Gates and Melinda French Gates combined characteristic optimism with sobering questions about persistent gender inequality and hunger at an…
One subscription that gives you access to news from hundreds of sites
TerraPay, NPCI International tie-up to enable cross-border transactions via UPI
Through this collaboration, Indian customers with active UPI IDs (350 million bank accounts) will be able to transact at QR…
Effective use of limited natural resources: a tale of two generations
Allocation of natural resources remains a challenge and however any government chooses to navigate this, some stakeholder is going to…
IIT Madras, Accenture set up CoE for collaborative research
Specific areas of collaboration will include autonomous robotics systems, industrial Internet of Things, digital twins and advanced automotive technologies such…
Global Fund gets powerful help with $18 billion funding goal
The Global Fund to Fight AIDS, Tuberculosis and Malaria will get some high-powered help this week to reach its $18…
One subscription that gives you access to news from hundreds of sites
S&P Global is one of India's top 50 best workplaces for women in 2022
Great Place to Work Institute has ranked S&P Global as one of India's best workplaces for women 2022