Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

With millions of children's lives at stake, Bill Gates says global humanity is at crossroads

Daily FT

|

September 24, 2025

BILLIONAIRE philanthropist Bill Gates at his Foundation's 2025 Goalkeepers event on Monday at New York issued a stark but hopeful call to world leaders: save millions of children's lives and cure some of the deadliest diseases in history by 2045.

- NISTHAR CASSIM IN NEW YORK

With millions of children's lives at stake, Bill Gates says global humanity is at crossroads

"Humanity is at a crossroads. With millions of children’s lives on the line, global leaders have a once-in-a-generation chance to do something extraordinary," Gates told the 2025 Goalkeepers event with an audience of over 1,000 global government, community, philanthropy, and private-sector leaders and the media including the Daily FT.

“The choices they make now—whether to go forward with proposed steep cuts to health aid or to give the world’s children the chance they deserve to live a healthy life—will determine what kind of future we leave for the next generation,” Gates added.

It was revealed that this year, donor countries dealing with domestic challenges, high debt levels, and aging populations made dramatic funding cuts to global development assistance for health (DAH).

According to a recent study by the Institute for Health Metrics and Evaluation (IHME), global DAH fell by 21% between 2024 and 2025, and is now at a 15-year low. With key global health funding decisions expected before the end of the year, total funding levels could rise.

However, Gates warned that if the current cuts hold, they threaten decades of progress that saw child mortality cut in half since 2000-from 10 million children to less than 5 million children a year-one of humanity's greatest achievements.

During the annual event, which this year focused on reigniting a shared commitment to saving children's lives, Gates announced his foundation's pledge of $912 million over three years to the Global Fund to Fight AIDS, Tuberculosis and Malaria's 2026-2028 replenishment. The Global Fund is one of the most effective lifesaving initiatives of the 21st century. Its fundraising replenishment cycle ends this November, underscoring the urgency for governments to make pivotal decisions in the coming weeks and months for the lives of millions of people.

MORE STORIES FROM Daily FT

Daily FT

Navigating global trade uncertainty: Calls for clarity to drive shipping innovation intensifies

Global trade policies are having a growing impact on the shipping industry, shaping everything from shipping routes to business costs and operational efficiency.

time to read

2 mins

September 25, 2025

Daily FT

Daily FT

Unlocking $ 15 b economic value: Hans Wijayasuriya on Sri Lanka’s digital ambition

Asserts this is not an IT project, nor is it a digital transformation project Aims to expand digital economy share from 3% of GDP to 15% within decade Systems must be robust as global scams siphoned over $ 1 t in 2024, including over $ 500 m in Asia Digital Public Infrastructure blueprint includes 100% trusted digital ID, national data exchange, and interoperable payments Fintech innovation projected to unlock $ 15 b in economic value, with potential for global product exports

time to read

4 mins

September 25, 2025

Daily FT

Daily FT

Nawaloka Hospitals turns 40: Milestone marked with stamp and logo launch

Stamp and logo unveiled at 40th anniversary celebration Hospital looks ahead with Al-driven future in healthcare

time to read

2 mins

September 25, 2025

Daily FT

Voyage Sri Lanka 2025 to set sail on 16 October

THE Sri Lanka Export Development Board (EDB) yesterday announced that it will host the second edition of 'Voyage Sri Lanka', South Asia's premier marine summit, on 16 October 2025 at the Kingsbury Hotel in Colombo bringing together global leaders, policymakers, investors, and professionals from across the globe in the field of Blue Economy.

time to read

2 mins

September 25, 2025

Daily FT

Daily FT

US tightens visa policies

Trump invites global fans to World Cup and Olympics

time to read

1 min

September 25, 2025

Daily FT

Govt. holds pre-Budget discussion on maritime transport and logistics sector

A pre-Budget discussion related to the maritime transport and logistics sector was held last week at the Presidential Secretariat under the patronage of Labour Minister and Economic Development Deputy Minister Dr. Anil Jayantha Fernando.

time to read

1 min

September 25, 2025

Daily FT

PPP project to revive Paranthan Chemicals firm

THE Cabinet of Ministers at their meeting on Monday approved calling for expressions of interest (EoIs) from both local and foreign investors to implement a public-private partnership (PPP) project on a 30-acre site allocated from Paranthan Chemicals Company Ltd.

time to read

1 min

September 25, 2025

Daily FT

ASUS Gaming V16 debuts in Sri Lanka

ASUS has announced the launch of the all-new ASUS Gaming V16 (V3607) laptop in Sri Lanka, the latest addition to ASUS lineup.

time to read

2 mins

September 25, 2025

Daily FT

Sri Lanka take winning 3-0 lead

Women's U19 T201 series vs. Australia

time to read

1 min

September 25, 2025

Daily FT

Daily FT

Sri Lanka's investment trajectory under spotlight at SLEIS 2025

THE Ceylon Chamber of Commerce yesterday said Sri Lanka’s bid to regain investor confidence and accelerate reforms will take centre stage at the Sri Lanka Economic and Investment Summit (SLEIS) 2025, when the day two session “Where Sri Lanka Stands and What Comes Next?” brings together leaders in investment promotion, capital markets, exports and private equity for a frank assessment of the country's economic trajectory.

time to read

1 min

September 25, 2025

Listen

Translate

Share

-
+

Change font size