Correct Answer : USD 1.27 billions
The Bill and Melinda Gates Foundation has announced fresh financial assistance totalling USD 1.27 billion to address poverty and social inequalities at the end of its two-day event that saw the participation of over 300 young change-makers from across the globe.
The announcement on the financial commitment came over a week after the Foundation in its annual Goalkeepers report noted that nearly every indicator of the UN sustainable development goals are off track for achieving them by 2030.
Despite these challenges, the report highlighted opportunities to accelerate progress by investing in long-term solutions and innovative approaches to entrenched issues, including poverty, inequality, and climate change.
The Foundation said on Tuesday(20th Sep 2022) that the funding will address overlapping global crises that have reversed the progress already made toward achieving the UN sustainable development goals (Global Goals).
The two-day Goalkeepers event at the Lincoln Center in New York coincided with the annual session of the UN General Assembly.
"This week has underscored the urgency of the challenges we face, and the promise of sustainable solutions that save and improve lives," said
Mark Suzman, Gates Foundation CEO..
Source : Hindustan Times
