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EU & Bill Gates reconfirm collaboration for human development


Friday, 19 October 2018

EU & Bill Gates reconfirm collaboration for human development

EU High Representative Federica Mogherini met on 17 October with Bill Gates, co-chair of the Bill & Melinda Gates Foundation, to discuss the shared engagement and joint work of the EU and the Foundation in support of human development in Africa in particular, including by accelerating digital development. The EU and Mr. Gates also signed an agreement to create a joint fund to invest €100 million in European companies working to stop climate change. The EU High Representative and Bill Gates met ahead of a joint appearance in the European Parliament's high-level debate on "Europe’s role in International Development." Federica Mogherini and Bill Gates discussed the need for continued European leadership and generosity in development assistance and global engagement, including in the context of the next EU budget, known as the Multi-Annual Financial Framework, which will run from 2021-2027 and boost EU spending for external relations by 30%. The EU is already the largest global provider of development aid. They agreed that investments in human development in Africa are key to tackling the major global issues of the 21st century, ranging from poverty reduction and social inclusion to climate change and economic growth. The EU is already engaging strongly across the board, both in classical development cooperation and in new forms of engagement, spanning from digital to education to entrepreneurship, bringing in private actors as partners.

Source: eeas.europa.eu