Bill and Melinda Gates Foundation Mortgage To spend $992 million over five years to help tackle global malnutrition.
A shocking number of people are starving around the world. About a tenth of the global population, or 811 million people, was reported as malnourished last year. United Nations. The COVID-19 pandemic is probably the reason for the recent spike in scarcity and lack of access.
“This funding will help more people around the world get the nutrition they need to lead healthier lives, and we hope it will lead today’s investments to more bold commitments for more donors, foundations, governments and private sector leaders.” Will serve as an invitation to make up together, Melinda French Gates said in a statement to the foundation.
The announcement was made in conjunction with the inauguration united nations food system summit Held in New York on Thursday.
The Seattle-based Gates Foundation has focused on reducing infant and child mortality for many years, and cites malnutrition as the root cause of nearly half of all child deaths. However, nutrition receives less than 1% foreign aid, the foundation said. The commitment of about $1 billion will target efforts to help women and children.
Most of the initiatives that have received support from the Foundation are focused on generating evidence and data to improve programs to combat malnutrition. This includes research in efforts to promote maternal nutrition, developing food-related innovation, and projects supporting the development of young children through diet and supplements.
The funding includes actions such as supporting food producers in fortifying their products with essential vitamins and minerals, and providing technical support to programs that strengthen food systems and agriculture.
Bill Gates and Melinda French Gates continue to lead the Gates Foundation as co-chairs for a two-year trial period following their divorce. The foundation released a report earlier this month about the lack of equitable access to COVID-19 vaccines.