Sunday, September 20, 2020
Home > BUSINESS > Business News > Why We’re Investing in Humanity – Gates Foundation

Why We’re Investing in Humanity – Gates Foundation

By Mathew Dadiya, Abuja

Bill and Melinda Gates have shared their experience and reason they decided to invest part of their wealth in saving and improving human lives.

Bill and Melinda explained why they think the risks they’ve taken in global health and education have set the world up for future progress.

They disclosed this in their 2020 Annual Letter, “Why We Swing for the Fences: Reflecting on the First Two Decades of Our Foundation.” 

In this year’s letter, Bill and Melinda reflected on what they’ve learned over the past two decades and how the world – and their work – has changed during that time.

The letter takes inspiration from advice given to them by Warren Buffett: to “swing for the fences” and put the full force of their efforts and resources behind the big bets that have the most potential to save and improve lives.

“At the core of our foundation’s work is the idea that every person deserves the chance to live a healthy and productive life,” write Bill and Melinda Gates. “Twenty years later, despite how much things have changed, that is still our most important driving principle.”

They also write about two areas that have emerged as priorities for them – the climate crisis and gender equality – and how they will factor into their work over the next twenty years.

“There is no question that this new decade is beginning at a time of tremendous unrest and uncertainty around the world,” write Bill and Melinda Gates. “But even in a moment as challenging as this one – in fact, especially in a moment like this one – we remain committed to supporting advocates, researchers, government officials, and frontline workers who are making a healthy and productive life possible for more people in more places.”

This includes those who are working tirelessly to respond to the coronavirus outbreak. 

The Bill & Melinda Gates Foundation on February 5, committed up to $100 million for the global response to improve detection, isolation and treatment efforts; protect at-risk populations in sub-Saharan Africa and South Asia; and accelerate the development of vaccines, drugs and diagnostics. 

Bill and Melinda said that they were closely following the outbreak and are committed to contributing to the global response to help bring the epidemic under control.

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: