Sunday, July 11, 2021

Global Philanthropists Pledge £94m to Cover UK Foreign Aid Cuts

THE GUARDIAN: Bill and Melinda Gates Foundation among organisations picking up some of bill for health projects

A group of global philanthropists, including Bill Gates, have pledged £93.5m to help cover the shortfall left by the UK government’s cuts to foreign aid.

After the government cut funding by about a third in the autumn spending review, many “critical” projects have stalled or been put at risk.

The consortium, according to the Sunday Times, said they did not want to see drugs wasted because health projects had been forced to close down.

The philanthropists, including the Bill and Melinda Gates Foundation, the Children’s Investment Fund Foundation, the ELMA Foundation and the Open Society Foundations, are picking up some, but not all, of the bill for these projects. » | Robyn Vinter | Sunday, July 11, 2021