11 C
London
Friday, May 3, 2024
HomeNewsGates Foundation to double spending on hunger to $776m over 6 years

Gates Foundation to double spending on hunger to $776m over 6 years

Date:

Related stories

Sri Lanka enforces pricy visa revisions, tourism sector alarmed

The tourism realm of Sri Lanka confronts a significant...

Pakistan records 38 per cent surge in militant attacks in April

In April, Pakistan witnessed a significant surge in militant...

Sri Lanka president urges cross-party collaboration for economic stability

As the nation grapples with economic hurdles, President Ranil...

Kangesanthurai-Nagapattinam ferry services to restart in May

After a 40-year hiatus, the much-anticipated revival of international...

Pakistan secures $1 billion IMF loan to tackle balance of payments crisis

Prime Minister Shehbaz Sharif joins negotiations at World Economic...
MELINDA Gates announced recently that she and her and husband Bill's foundation will spend $776 million tackling hunger over the next six years, doubling existing commitments.
 
Gates made the announcement in Brussels, where she urged European leaders to make the nutrition of women and children a priority. The huge pledge also unlocks $180 million in matched funding from Britain's Department for International 
Development.
 
"Malnutrition is the underlying cause of nearly half of all under-5 child deaths," said Gates. "Yet for too long the world has underinvested in nutrition. Today we see an opportunity to change that."
 
Much of the money will be spent in India, Ethiopia, Nigeria, Bangladesh and Burkina Faso, where there is serious malnutrition and a real chance to make positive changes, the foundation said.
 
The Bill and Melinda Gates Foundation is the world's largest private philanthropy organization, with a $40 billion endowment. It aims to tackle disease and poverty in the developing world. Bill Gates earned his billions as co-founder of Microsoft.
 
Every year millions of children die because they get substandard nutrition during the critical 1,000-day period from their mother becoming pregnant until their second birthday, the foundation said in a statement.
 
"Many European donors are now prioritizing nutrition, which we believe will be one of the fundamental solutions to help cut child mortality in half by 2030," said Melinda Gates.
 
The extra funding announced in Brussels will aim to help women and girls before they get pregnant, improving the likelihood of a healthy mother and child. It will also be spent on solutions "proven to improve nutrition" including fortifying food and promoting breastfeeding.
 
Women and girls play a crucial role in reducing poverty and improving health, Gates said. "From their leadership as farmers, entrepreneurs and consumers to their role as mothers; investment in women and girls will be key to improving nutrition globally."
 
United Nations member states aim to agree in September a set of Sustainable Development Goals (SDGs), targets for making progress and reducing inequality in areas such as poverty, health, education, women's rights and climate change by 2030. 
 

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2 + 17 =