Philanthropies choose to announce big initiatives during the General Assembly to get more attention on their commitments and influence the public agenda, experts say. “This is the time where you have a global audience, otherwise the audience is more fragmented by countries,” said Paloma Raggo, a professor at Canada’s Carleton University who focuses on global philanthropy.
The General Assembly is also a key moment for foundations since they've played a prominent role in supporting the U.N.’s 2030 agenda for sustainable development, which contains 17 goals adopted at the 2015 gathering. Though, critics have long argued there should be more scrutiny on the role private actors play in shaping and responding to these agenda items since they don't have to be accountable to the public.
The Gates Foundation’s $922 million pledge is its largest nutrition commitment to date. It says the money will be used, among other things, to advance the foundation’s work around poor maternal nutrition and food fortification, a process of adding vitamins and minerals to common foods to improve their nutritional value. Some experts have criticized that approach, arguing the focus should be on food, not on nutrients. A spokesperson for the foundation says fortification is one solution among many to improve diets.
Melinda French Gates also said in a statement the funding “will help more people around the world get the nutrition they need to live a healthy life,”
“And we hope it serves as an invitation for more donors, foundations, governments, and private-sector leaders to build on today’s investment with more bold commitments," she said.
Separately, French Gates has been pushing Congress to pass a law that guarantees paid family leave for all workers. She met with leaders in Washington this week to push for the policy, said a spokesperson with Pivotal Ventures, French Gates' investment and incubation company. Vice President Kamala Harris' office had also said the two met on Tuesday to discuss the global COVID-19 response.
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FILE In this Thursday, Oct. 10, 2019 file photo, Philanthropist and Co-Chairman of the Bill & Melinda Gates Foundation Bill Gates gestures as he speaks to the audience during the Global Fund to Fight AIDS event at the Lyon's congress hall, central France. Bill and Melinda Gates’ private foundation announced Thursday, Sept. 23, 2021 it will spend more than $900 million over the next five years to curb global malnutrition(Ludovic Marin/Pool Photo via AP, File)
Credit: Ludovic Marin
Credit: Ludovic Marin