Gates Pledges $306 Million, Calls for “Creative Capitalism”

by: Jason Haber Friday, January 25th, 2008

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Bill Gates is stepping up, again.  Now he is taking aim at helping impverished nations increase the agricultural production, by providing $306 million in grant money. He announced his plan at his speech today at the World Economic Forum in Davos.

Increased food production and crop yields have been identified as a critical compenent by the UN’s Millennium Development Goals (MDG) to improving the health and quality of life for the inhabitants of impoverished nations.

“The challenge here is to design a system including profit and recognition to do more for the poor,” Gates said, calling for a new form of “creative capitalism.”

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One Response to “Gates Pledges $306 Million, Calls for “Creative Capitalism””

Gates Pledges $306 Million, Calls for “Creative Capitalism” Said:

[…] Gates Pledges $306 Million, Calls for “Creative Capitalism” Bill Gates is stepping up, again. Now he is taking aim at helping impverished nations increase the agricultural production, by providing $306 million in grant money. He announced his plan at his speech today at the World Economic Forum … […]

Comment made on January 25th, 2008 at 9:26 am
 

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