Gates Foundation Commits $1.27bn To Meet Global Health, Devt Goals

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(Last Updated On: 2022-09-22)

 

In order to meet global goals in the fields of health and development, Bill & Melinda Gates Foundation has announced 1.27 billion U.S. dollars of commitments.

In particular, the Bill & Melinda Gates Foundation pledged 912 million U.S. dollars to help end HIV, tuberculosis and malaria by 2030 and build resilient health systems needed to protect against future pandemics, said a release by the foundation.

According to the release the funding will also be instrumental in reducing the disproportionate impact of these diseases on women and girls.

“We can get back on track toward the UN Sustainable Development Goals (SDGs), but it’s going to take a new level of collaboration and investment from every sector,’’ said Mark Suzman.

Suzman is the CEO of the foundation, noting that the foundation is significantly stepping up its commitment to help confront crises and ensure a long-term impact across critical determinants of health and development.

Due to overlapping global crises, nearly every indicator of the SDGs is off track at the halfway point for achieving them by 2030, according to a recent report by the Bill & Melinda Gates Foundation.

However, the commitment to combat preventable diseases and save millions more lives through the Global Fund, an international financing organisation, is a great step forward in getting back on track to reach the SDGs, according to Bill Gates, co-chair of the Bill & Melinda Gates Foundation.

The foundation also committed 100 million dollars to help alleviate the food crisis disproportionately impacting communities in Africa and South Asia.

The foundation is to also address its underlying causes whereas another commitment of 200 million dollars goes to the expanding of infrastructure such as interoperable payment systems, digital ID, data-sharing systems, and civil registry databases in low-and middle-income countries, according to the release.

(Xinhua/NAN)

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