Giving health-related commodities with one hand: investing in health destroying activities with the other

Clean air, nutritious food and good sanitation are the basic health needs but instead vaccines, insecticide impregnated mosquito nets and condoms are the preferred gifts.

Worse: the donors invest in technologies which actually foul the air, provide food which may have long-term adverse effects on health and leave stagnant water in which mosquitoes breed.

In a contradiction between its grants and its endowment holdings, a Los Angeles Times investigation found that the Gates Foundation reaps vast financial gains from investments that contravene its good works.

gates case study

At the time of writing the Gates Foundation did not respond to written questions about whether it might change its investment policies, but perhaps by now its investment arm has adopted social justice, corporate governance and environmental stewardship considerations – like the Ford, John D. and Catherine T. MacArthur, Rockefeller and Charles Stewart Mott foundations.

Next – sanitation: Narendra Modi, Mahatma Gandhi, Sulabh International and Joseph Jenkins

 

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