With a focus on eradicating poverty and illnesses, combating climate change, and increasing access to healthcare and education.
Depending on variables like inflation and market performance, Gates predicts the Foundation will be able to quadruple that amount and provide an additional $200 billion between now and 2045, he wrote.
His proposal is to raise the organization’s yearly budget from $6 billion to $9 billion. He listed the following objectives for the ensuing 20 years:
Reducing the number of mothers’ and young children’s deaths from avoidable causes
aiding in the eradication of polio, measles, malaria, and guinea-worm sickness.
Financing agricultural and educational advancements in African countries to assist “hundreds of millions of people in escaping poverty”
Gates remarked, “None of this progress is possible without partnership from governments,” expressing his realistic optimism that the Foundation can achieve its objectives.
He pointed out that foreign countries, especially the United States, have been cutting their international aid expenditures “by tens of billions of dollars” at the time of his announcement.
