探花直播COVID-19 pandemic will have a 鈥減rofound鈥 impact on philanthropy through forging more active collaboration and ensuring more equitable responses, Bill Gates said in an interview with Badr Jafar, founding patron of the Centre for Strategic Philanthropy at Cambridge Judge Business School.

探花直播co-founder of the Gates Foundation said the scale and urgency of the pandemic has prompted philanthropists to engage in more active collaboration, not only with businesses and government but also with each other.

As an example, he cited the COVID-19 Therapeutics Accelerator involving the Gates Foundation, Mastercard, Wellcome and the Chan Zuckerberg Initiative, founded by Priscilla Chan and Facebook CEO Mark Zuckerberg.

Gates said that philanthropists are 鈥渦niquely positioned to ensure an equitable response to a challenge, in Covid鈥檚 case to ensure that diagnostics, therapeutics and vaccines reach the billions of people who need them, at an affordable cost.

鈥淧hilanthropy is also very good at moving quickly, finding new innovations, trying out things that governments will be very slow to do or might not see, and that will give us a lot of really great tools to deal with the Covid crisis.鈥

Regarding emerging markets, Gates said that philanthropists 鈥渁re very keen to increase opportunity for young people in areas like education, health and entrepreneurship. A lot of these really innovative philanthropists are first- or second-generation wealth builders, so they are able to take the latest approaches and leapfrog and improve on practices and really set examples that governments and other philanthropists can benefit from.鈥

He said there is a 鈥渓ot of potential鈥 in online giving, because digital platforms have 鈥渕ade it easier for everyone, not just the wealthy, to give to worthy causes鈥 鈥 and that it is 鈥渋mportant to think about how this retail giving complements long-term philanthropy as it will continue to grow.鈥

探花直播Centre for Strategic Philanthropy was launched in June 2020, with a focus on the impact of strategic philanthropy both within and from emerging global growth markets. Founding patron Badr Jafar is CEO of Crescent Enterprises and is a member of the Advisory Board of Cambridge Judge Business School.



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