The Gates Foundation has pledged US$1.27 billion to global health and development, with the majority of the funds supporting the fight against AIDS, tuberculosis, and malaria.
The new commitment aims to accelerate progress in achieving the U.N. Sustainable Development Goals (SDGs), or Global Goals, the foundation announced on Wednesday.
Ahead of the U.N. General Assembly week, the Gates Foundation said in its sixth annual Goalkeepers Report that nearly every indicator of the Global Goals, including in entrenched issues such as poverty, inequality, and climate change, had seen setbacks.
“That’s why our foundation is significantly stepping up our commitment to help confront crises now and ensure long-term impact across critical determinants of health and development,”
Gates Foundation CEO, said in a release.
The new pledge includes US$912 million to the Global Fund, an international organization established in 2002 with seed money from the Gates Foundation that aims to end the epidemics of HIV/AIDS, tuberculosis, and malaria by 2030.
Elsewhere, US$200 million will go toward building digital infrastructure in low- and middle-income countries; US$100 million will help alleviate the food crises in Africa and South Asia; and US$50 million for a health scholarship fund in Rwanda.
The foundation hosted a “Goalkeepers” event on Wednesday, attended by its co-founders,
Melinda French Gates,
as well as prime ministers from Spain and Barbados and other leaders.
On Tuesday, the foundation announced the winners of its 2022 Goalkeepers Global Goals Awards. They include
co-founder of the nonprofit organization Every Infant Matters in India;
a journalist and founder of an online news agency focused exclusively on covering issues that affect the women of Afghanistan;
a climate justice activist from Uganda and founder of the Africa-based Rise Up Movement and the Green Schools Project; and
Ursula von der Leyen,
president of the European Commission.