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Archive for category: Development

Information and stories on development news.

Development, Global Health, Global Poverty, Health

Clinton Global Initiative Launches Health Plan

Clinton Global InitiativeA lack of access to adequate health care is often a risk factor or symptom of poverty, as the inability to prevent or treat illnesses in a timely, affordable manner can devastate communities.

Following the aftermath of the Ebola crisis, USAID, the Clinton Global Initiative and other organizations have teamed up to create the Aspen Management Partnership for Health.

The Aspen Management Partnership for Health (AMP Health) is the first multi-sectoral partnership in the community health sector to focus on the leadership driving community health systems in developing nations.

Specifically, AMP Health hopes to strengthen the leadership and management of community health organizations. AMP Health combines the power of several different organizations in order to facilitate effective change.

This multi-sectoral partnership utilizes the power of USAID, the Aspen Institute, MDG Health Alliance, Born Free Africa, Margaret A. Cardill Foundation, GlaxoSmithKline, Partners in Health, the Harvard School of Public Health and McCann Health.

The partnership was announced at the Clinton Foundation’s 2015 Annual Meeting as one of their Commitments to Action for the Clinton Global Initiative.

“In addition to establishing mentor networks and cross-country convenings, the partners will recruit, train, and deploy in-country management professionals to work side-by-side with Ministries of Health on high-priority community health projects, ultimately strengthening health systems,” Clinton Foundation Vice Chair Chelsea Clinton said at the meeting.

The networks of trained, values-oriented health care professionals will be critical in advancing community health systems in developing nations.
Initially, the partnership will be utilized in sub-Saharan Africa, where community health interventions could save up to three million lives per year.

It will prove particularly relevant to reducing child and maternal mortality rates.

AMP Health incorporates businesses, governments, educational institutions, think tanks, multilateral organizations, and philanthropic foundations in order to affect change for community health systems.

While this may be just one of the Clinton Foundation’s 3,200 Commitments to Action, it carries much power and support from myriad organizations.

As a result of the multi-sectoral partnership, AMP Health can support sub-Saharan Africa as it works to prevent future epidemics, lower child and maternal mortality rates, and manage the treatment of chronic, non-communicable diseases.

– Priscilla McCelvey

Sources: Aspen Institute, Market Watch
Photo: Flickr

October 19, 2015
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Activism, Development, Global Poverty

Why We Need More Activists

Why We Need More Activists
When the world’s problems seem too big, too complicated and too terrifying to even try and solve, the words of Margret Meade always seem to provide much-needed perspective, “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it’s the only thing that ever has.”

Activism, as defined by the Cambridge Dictionary, is “the use of direct and noticeable action to achieve a result, usually a political or social one.” By this definition, an activist is someone who does an action on behalf of a cause.

The traditional method of activism usually involved a picket and a protest. However, with the introduction of the Internet and the expanding access to information and connectivity, activism has begun presenting itself in diverse, and arguably more effective, ways.

Activism has played a role in ending slavery, protecting civil rights, promoting equality for women and many other issues, but as the way activism works begins to change, the need for activists grows.

Before globalization and the hyper interconnectivity of our world through trade and online access, problems were handled generally at a local level. Communities pushed against government policies they disagreed with or pushed for social change they deemed fit.

As issues expand to a global level, so must activism. But unlike the past, those most affected by certain life debilitating issues do not have the access needed to have their voices heard.

activistsNearly half of the world’s population — a staggering 3 billion people — live on less than $2.50 a day.

While the international poverty line has been drawn at living on a $1.25 or less a day, which more than 1.3 billion people do, it is important to acknowledge that a significant portion of the people living on earth today is barely getting by. Poverty is especially rampant in undeveloped nations.

So in addition to dealing with economic insecurity, citizens of poor countries have few avenues for social, political or economic change. They cannot simply sign a petition for their government to implement better social programs.

Many of them live in rural communities far removed from their governments, and most of the governments in developing countries are unable or unwilling to help their citizens break the bonds of poverty.

This is why we need more activists. Half of our world is essentially voiceless. They cannot adequately act on behalf of their own cause, but that does not mean they should not be heard. If the portion of our population, who has enough, did enough, then couldn’t we all have enough?

We need to use activism to scream that global poverty must be eradicated.

There is what seems like endless ways to become a voice for someone who needs to have their needs heard.

Join organizations who have made it their mission to address global poverty in one way or another, volunteer at their events, rally your friends to become involved, contact your local and federal governing representatives to encourage them to join the fight.

It does not matter how you choose to be an activist, it only matters that you act.

– Brittney Dimond

Sources: Do Something, BMartin, Cambridge Dictionary, One, Permanent Culture Now, Activists Handbook
Photo: Pixabay, Wikipedia

October 19, 2015
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Development, Global Poverty, Sustainable Development Goals

The US Struggles to Meet SDGs

SDGs
According to a study conducted by Bertelsmann Stiftung, a German foundation that researches and advocates social responsibility, the United States is ranked among the countries least likely to complete the Sustainable Development Goals or SDGs aimed at ending poverty and combating climate change by 2030.

The Sustainable Development Goals are a set of 17 goals that were conceived at the 2012 U.N. Conference on Sustainable Development.

UN Secretary-General Ban Ki-moon says the goals will replace the Millennium Development Goals in January 2016 and are based on six elements: dignity, people, prosperity, our planet, justice and partnership.

“The MDGs were about resource transfer from rich countries. The SDGs are universal—they’re supposed to apply to all countries and try to overcome the ‘West lecturing the rest’ dynamic,” said Sarah Hearn, associate director and senior fellow at New York University’s Center on International Cooperation.

While the U.S. struggles to meet SDGs, Sweden, Norway, Denmark and Finland have the best chances of completing the goals. The countries with the lowest rankings are the U.S., Greece, Chile, Hungary, Turkey and Mexico.

Even though the U.S. has a high GDP, clean air and abundant housing, the country struggles with income inequality, over-consumption and environmental protection.

“We in the rich nations, with our growing social inequality and wasteful use of resources, can no longer present ourselves as the world’s teachers,” said Aart de Geus, Bertelsmann Stiftung chairman. “Rather, the analysis shows us where we, too, have to do our homework.”

During his visit to the U.S., Pope Francis addressed Congress and the U.N. Council, discussing the urgency of eradicating world poverty and climate change and how a solution cannot wait for future generations.

President Barack Obama, whose plans for a climate change bill were denied by Congress early in his presidency, agrees with the pope and his efforts to make the U.S. more involved.

“Holy Father, you remind us that we have a sacred obligation to protect our planet — God’s magnificent gift to us. We support your call to all world leaders to support the communities most vulnerable to a changing climate and to come together to preserve our precious world for future generations,” said President Obama.

– Alexandra Korman

Sources: ABC News, Council on Foreign Relations, Huffington Post, The Daily Star
Photo: Turner

October 16, 2015
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Development, Global Poverty, Sustainable Development Goals

How Farmers Following The SDGs Can Help End Hunger

Farmers_Following_the_SDGs
The Sustainable Development Goals (SDGs) have been officially chosen and released with a target date of 2030. According to Farming First, “agriculture accounts for 37 percent of employment, 34 percent of land use, 70 percent of water use and up to 30 percent of greenhouse gas emissions.”

If agriculture can be made more efficient, we may have a shot at feeding everyone in the world, a number that will reach 9 billion in 2050.

Farmers following the SDGs can help end poverty and hunger, consequently reducing negative effects caused by these problems. They can also help fight climate change globally. Farming First talked to farmers to see what they had to say about what they needed most to help them reach goals that were attainable for them.

In Bangladesh, Anwar Hosen had been selling seed, fertilizer and crop protection without any formal kind of training. The Feed the Future initiative taught Anwar about high-quality agricultural inputs and was given more readily available access to these inputs. Anwar now understands the difference that high-quality seeds and fertilizer can make, as his clients have reported a higher crop yield.

In Cambodia, Chieng Sophat is a bean and cucumber farmer in the province of Battambang. Sophat has been farming since the 1980s and has always had trouble making money due to flooding that can often destroy an entire crop yield. Sophat notes that things are getting worse as climate change all over the globe intensifies.

Thanks to the project Cambodia HARVEST, Sophat has been shown ways to better manage the water on his farm. Through methods like raised plant beds and drip irrigation, which help get his crops through the dry season, Sophat has seen notable success.

He now has extra income from his higher crop yield that he is able to use to “pay for his children’s school and household improvements,” according to Impatient Optimists. Most of the world’s farmers live in developing countries, and growing agriculture has been proven to be twice as effective in reducing poverty compared to the growth of any other sector.

In order for us to be able to end global poverty and be able to feed 9 billion people by 2050, we must ensure that farmers have access to the knowledge and training that will allow them to increase the quantity, quality and diversity of their crops while using sustainable methods.

– Drusilla Gibbs

Sources: Farming First, Impatient Optimists
Photo: Pixabay

October 16, 2015
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Development, Global Poverty, Poverty Reduction, Water

The World Bank Helps Increase Water Reliability in Lima

The World Bank Helped to Increase Water Reliability in LimaA sweaty man grabs a large plastic pipe on the back of a cab and starts to fill a series of plastic containers on the ground. Once he fills in one container, he holds out his hand to receive some coins from the owner and then goes away in his vehicle. This is a daily routine for tens of thousands of people who live around Lima.

Lima’s future water reliability is of great concern to the local government, the water utility company SEDAPAL and the people who live and work there. Recently, the World Bank helped the water utility company SEDAPAL plan for increased reliability in an uncertain future and saved the city more than $600 million.

The World Bank has completed SEDAPAL’s $2.7 billion master plan for water resources for 2040. The World Bank used state-of-the-art methods for Decision Making under Deep Uncertainty (DMU), investigating key questions such as could the proposed investments ensure reliability in the face of deep uncertainties? What if there are delays? What’s the best sequence so that investments ensure both “no regrets” and maximum future adaptability?

Through the study, the World Bank helped SEDAPAL revise its Master Plan of 14 large-scale investments by identifying projects that are adaptable as conditions evolve. After analyzing the 14 projects, the Bank found that 75 percent of the full $2.7 billion plan could meet water reliability targets, so the investment could be reduced to $2.0 billion. The study saved the city more than $600 million.

“We have to make decisions even when we don’t know the future,” said Laura Bonzanigo, World Bank economist specializing in DMU. “Through the DMU methodology, we can look at the range of possibilities and come up with minimum requirements to meet every possibility — robust decisions with no regrets.”

According to Bonzanigo, nowadays, utility companies are not only used for construction, such as pumping stations, dams, water treatment plans and tunnels through mountains but also are used to solve some valuable things, such as working with farmers and ranchers to make ecological investments in the upper watersheds.

In order to solve water utility problems, the utility company reaches out to nongovernmental organizations (NGOs) to protect watersheds and groundwater aquifers. It also works with consumers to use less water per household and explores ways to recycle water for parks. Engaging Peruvian NGOs is significant because they work closely with communities in the upper watershed management and environmental monitoring. Moreover, universities are important in helping SEDAPAL spread their methods through training.

SEDAPAL has requested further World Bank support. Decision-Making under Deep Uncertainty is an increasingly important tool for any sector’s long-term planning and investments. Based on the study in Lima, final workshop participants Argentina, Paraguay and Brazil have already approached the World Bank country offices to request support in the water sector.

In a new methodological book “Confronting Climate Uncertainty in Water Resource Planning and Project Design: The Decision Tree Framework,” the World Bank includes more information on the Lima water study to help program managers demonstrate the robustness of their projects.

Through state-of-the-art study, the World Bank helped SEDAPAL decide on its Master plan of increasing water utility in Lima and saved the city $600 million. It not only contributed to solving the problem of water utility in impoverished areas but also cut the unnecessary cost to the city.

– Shengyu Wang

Sources: World Bank, BBC
Photo: Wikimedia

October 15, 2015
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Children, Development, Global Poverty

Novak Djokovic Partners with World Bank in Serbia

Novak_Djokovic
Men’s world no.1 tennis player Novak Djokovic and The World Bank have teamed up to provide education and early childhood development to children from poor families. The announcement was made on Aug. 26, 2015, a week before the U.S. Open, at a press conference in New York.

In 2010, only 44 percent of children in Serbia attended preschool, with 29 percent recorded for children form rural areas, 22 percent for poor children and 8 percent for Roma children. Currently, less than 10 percent of children attending preschool are from the poorest households.

The initiative, called Early Wins for Lifelong Returns, will consist of advocating the importance of early childhood education globally, and improve access for disadvantaged children to merit early childhood development.

The alliance between Djokovic and The World Bank is currently engaged in discussions with the Serbian government to begin a $50 million project as the first step of the initiative. There are also plans to build new preschools and refurbish old schools into preschools, and provide financial opportunities for poor families.

The Early Wins for Lifelong Returns initiative will create programs that address physical, socio-emotional, language and cognitive aspects of development in children.

Research has shown that children exposed to poverty at a young age are likely to experience challenges in academia later in life. Investing in early development programs is important in breaking the cycle of poverty in Serbia.

At the press conference in New York, World Bank Group President Jim Yong Kim stated: “All children deserve an equal chance in life, yet millions fail to reach their full potential due to poverty, poor nutrition, and few opportunities for early learning and stimulation.”

Djokovic added: “Serbia’s education system faces many problems, including insufficient capacity, uneven distribution of facilities, financial constraints on poor parents, inadequate understanding on the importance of preschool education, as well as a lack of diversity of programs and services providers. We hope to change that for the better.”

– Marie Helene Ngom

Sources: Novak Djokovic Foundation, UNICEF
Photo: Novak Djokovic Foundation

October 12, 2015
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Activism, Development, Global Poverty

Impact of #LightTheWay on Sustainable Development Goals

Light-The-Way
On Sept. 24, at sundown, thousands of candles, flashlights and lanterns were raised to the sky in support of the Sustainable Development Goals (SDGs).

The Sustainable Development Goals

These 17 goals, which would be announced by world leaders in New York the following day, range from ending poverty to protecting marine life and providing quality education.

Each country would decide whether or not to commit to the fifteen-year agenda to “end poverty, protect the planet, and ensure prosperity for all.”

The Sustainable Development Goals were designed to build upon their predecessors, the Millennium Development Goals (MDGs). The MDGs, implemented from 2000 to 2015, targeted the eradication of poverty, disease and hunger.

Now nations hope that the SDGs will finish the deal by directly addressing issues that promote poverty, such as unsanitary water and social inequality.

“This agreement marks an important milestone in putting our world on an inclusive and sustainable course,” says Helen Clark, the administrator of the United Nations Development Programme.

The biggest challenge now is ensuring that these goals remain on track and leaders exercise vigilance in carrying them out. This is where #LightTheWay steps in.

#LightTheWay For a Better Planet

#LightTheWay was founded by action/2015, one of the largest civil society campaigns. The idea was to “call on leaders to light the way to a better future for people and planet.”

#LightTheWay, described by Our Voices as “a tidal wave of humanity,” ensured that the Sustainable Development Goals will not be quickly forgotten. It tells leaders “we’ll be watching every step of the way to ensure they are met.”

Over 100,000 people in cities across the globe organized vigils in both public and private settings to send a message to world leaders that their citizens support the Sustainable Development Goals.

Organizations such as Our Voice and action/2015 encouraged participants to post pictures and videos of the vigils on social media with the caption “#Lighttheway.”

Some world leaders see the enthusiasm and determination as a promise of a better future and fully support their citizens’ efforts in #LightTheWay.

A Global Effort

After more than 150 people gathered on the Millennium Bridge in Dublin, Ireland’s President, Michael D. Higgins, said, “It is my hope that by 2030, we will look back on the 25 September 2015 as a decisive moment in global history.”

Even prominent figures such as Stephen Hawking and Malala Yousafzai participated in #LightTheWay to show their desire for a safer and more stable world.

Said UN Youth Delegate Eoin O’Liathain, “These new goals are lighting the way forward, everyone must work to make them a reality.”

– Sarah Prellwitz

Sources: Action 2015/span>, Our Voices, UNDP, UN , Development Education Programme
Photo: Action 2015

October 12, 2015
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Development, Global Poverty, Technology

Microsoft: Internet Access in Africa Using TV White Space

internet_access_in_africa
The Wi-Fi networks we use at home or in cafés have a limited signal reach of about 100 square feet.

To manage the problem of Internet connection, IT companies and Microsoft Corp. are utilizing TV white space. The technology is a spectrum of broadcast frequencies, typically used to transmit TV channels from one location to another, harnessed for wireless networks.

Through the 4Afrika initiative, Microsoft collaborates with local universities and IT companies including those in Namibia, Kenya, Ghana, South Africa and Tanzania, to bring the internet to unconnected parts of Africa. Microsoft launched the initiative in February 2013, with the latest project this year in Botswana.

TV white space makes broadband internet access in Africa affordable for most users in isolated parts of Namibia that could not otherwise access using typical café Wi-Fi. The distance of the frequency waves from the TV towers is much farther than a basic modem signal radius.

Namibia is an example of a large-scale white space project that covers a 38.5 by 94-mile area. The regions of Oshana, Ohangwena, Omusati and 28 schools in Northern Namibia are now connected to a broadband network.

One of the purposes of connecting secluded areas is to ensure that schools can communicate with other schools, businesses and nations.

Namibia is not an exceptional country grappling with access to the internet. Many African schools and hospitals outside of urban areas require the internet to provide learners and patients with the best education and health care.

In Ghana, tablets and other electronics are used to connect students to a broader academic and business community. Orlando Ayala is chairman of emerging markets at Microsoft.

He says that “We have to be an active participant in ensuring that by empowering this young human resource, that translates into innovation and creation of jobs. Hopefully, Tech Start-ups come from not only Africa but beyond Africa.”

Broadband Internet connection in Limpopo, South Africa also links secondary schools to a larger education community. Mountain View secondary school teacher Simon Matlebjame says that “We will be able to interact with other countries. Learners will be marketable and employable.”

The Internet gap between some parts of Africa and other communities is often referred to as the “digital divide,” or Africa’s economic and technological relationship to the rest of the world.

Another one of 4Afrika initiative incentives is to enhance Africa’s global economic value.

Microsoft looks at Africa as an investment in the future of technology. The company’s message is that the “Microsoft 4Afrika Initiative is built on the dual beliefs that technology can accelerate growth for Africa, and Africa can also accelerate technology for the world.”

By focusing on world-class skills, innovation and access, the company aims to provide the tools for success in the global market. Beyond economic opportunity, the initiative brings quality health care to African countries.

Project Kgolagano connects hospitals and clinics to allow easy transmission of medical records and patient access to specialized medicine through telemedicine. In partnership with the University of Pennsylvania, Botswana government and other IT companies, Microsoft helps join specialized health care and hospitals.

Director of the Botswana Innovation Hub Marketing, ICT and Registration, Dr. Geoffrey Seleka says that “there is currently a lack of specialized care in remote hospitals and clinics in Botswana.” The specialized care using photo and video transmissions between hospitals will make quality health care realistic.

A 2012 U.N. Human Rights Council resolution declared that Internet access is a basic human right.

Hospitals all over Botswana and Africa are, or are in the process of being, connected. By the efforts of local educators, IT companies and the 4Afrika Initiative, hospitals will have easier access to crucial medical records and students will have easier time learning.

The overarching goal is that people in Africa will share medical, educational and technological innovations with the rest of the world.

– Michael Hopek

Sources: Penn Medicine, Microsoft, UW Electrical Engineering, 4Afrika Microsoft 1, 4Afrika Microsoft 2, 4Afrika Microsoft 3, 4Afrika Microsoft 4
Photo: The Guardian

October 8, 2015
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Activism, Advocacy, Development, Global Poverty

The Power of Partnerships

The Power of Partnerships
“Together, we can make a difference.”

It sounds cliché, but in the world of humanitarianism, partnerships have been shown, again and again, to be key in fighting global poverty and injustices.

Of course, it occurs on an organizational level all the time. In the humanitarian community, organizations intersect in countless ways. At the end of almost any humanitarian website, there is a tab at the bottom called “Partnerships,” “Partners,” or “Work with Us.”

When one organization has the expertise to improve education opportunities, another has the educators on the ground, another has the finances, and another has the technology to create school supplies that are more affordable or efficient; a partnership can be massively beneficial.

Pooling resources to unite for a common goal means that more help can be brought to where it is needed most.

Historically, partnerships have occurred between countries in order to achieve common political, economic and sometimes humanitarian, goals.

Often, these arise out of necessity: wartime, natural disasters, disease epidemics, and so on. But when partnerships arise out of foresight, crises can be handled more efficiently and existing programs and policies can be improved.

An example is the countries united in a commitment to the Millennium Development Goals, which have been implemented over the last fifteen years to a largely successful degree.

In the partnership between GlaxoSmithKline (GSK) and Save the Children, there are five key elements: programming, research and development, joint-advocacy, employee engagement and cause-related marketing.

The Partnerships page of CARE, an organization whose mission is simply “to serve individuals and families in the poorest communities in the world,” is divided into sections: foundations and trusts, corporate partners, humanitarian partners, institutional donors, and research and technical partners.

The Office for the Coordination of Humanitarian Affairs (OCHA) is a part of the UN Secretariat. Its mission is to bring together humanitarian groups to make sure that responses to emergencies are coordinated and coherent.

partnershipsIt works with governments, regional organizations, and groups at the national and international levels in order to make sure that the people who need help are getting as much as they can as quickly as possible.

These are all examples of the many ways that partnerships can be utilized. There are so many different aspects to any heartfelt mission, so organizations can connect in ways that the average person might never have considered. When opportunities are considered critically, the possibilities are endless.

It can all start to feel a little bit like alphabet soup sometimes: The IRRI works with HRDC, SKEPs, and a company called PRIME. UNAIDS cosponsors include UNHCR, UNICEF, WFP, UNDP, UNFPA, and UNODC.

But here is what lies at the core of it all: organizations are coming together, communities are coming together, and individuals are coming together to make a difference and to do what is right. With technology increasing the rate of globalization, partnerships are easier than ever to form, and this should be taken advantage of.

It can serve as a lesson to anyone about the importance of coming together.

For any individual who looks at everything that is wrong with the world and says, “But what can I do?” because their resources and the scope of their influence are limited, he can ask, “What do I need in order to make a difference?”

From there, he can reach out to other individuals and groups who have different resources to offer, who have a different sphere of influence, who can help the person to make the kind of impact that will really be worthwhile.

“Partnership” is a word that can mean so many things. It offers forth a range of possibilities that are almost infinite. Humanitarian groups are one of the most important examples of how much more can be achieved through communication and the formation of connections.

– Emily Dieckman

Sources: Care, OCHA 1, IRRI, OCHA 2
Photo: Pixabay1, Pixabay2

October 8, 2015
https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg 0 0 Borgen Project https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg Borgen Project2015-10-08 01:30:492024-12-13 18:05:02The Power of Partnerships
Development, Economy, Global Poverty, Philanthropy

How the Richest Man in China Became its Top Philanthropist

Richest_Man_in_China
China’s rich men have been passionate about philanthropy. In the latest Hurun Report, China’s FORBES list, Ma Yun (Jack Ma), the richest man in China, is also the country’s most generous person.

Ma Yun is the founder and executive chairman of Alibaba Group, a family of highly successful internet-based businesses. In 2014, according to the Bloomberg Billionaires Index, with an estimated net worth of $29.7 billion, he was listed as the richest man in China and the 18th richest person in the world.

In 2014, Ma Yun donated 14.5 billion RMB to the improvement of the environment, medicine and health care, as well as education and culture. Thus, it’s the first time in China that the richest guy is also the most generous one.

Recently, donation for philanthropies has been popular among China’s wealthy businessmen. Cai Chongxin, the second largest shareholder in Alibaba Group donated 6.2 billion RMB to philanthropies and thus become the top philanthropist in the region of Hong Kong, Macao and Taiwan.

The new record of the donated funding has been reached recently. The donation made by the first 100 philanthropists on the Hurun Report of Philanthropy has increased 264 percent compared with that in the last year.

Except Ma Yun, the rest of the philanthropists on the list have donated 8.6 percent more than last year on average. The level of being nominated for the list has increased 1 million RMB than last year. On the list, there are 71 newly nominated philanthropists.

Most philanthropists donated to the educational area, which occupied 27 percent in all the philanthropic donations. The second popular area that people donated was social charity. At the same time, disaster relief and poverty alleviation are also the main donated areas.

In 2014, Ma Yun and Cai Chongxin established two charitable trust funds based on their share holdings in Alibaba Group. After the Initial Public Offering, these two charitable trust funds are worth over $2 billion.

According to Ma, these two trust funds will be dedicated to pollution control and medical industry in China.

“I want to live in a world with bluer sky, cleaner water and better health care. I concern a lot about the environment, medical care and education in China, but only concerning can’t help. I’m passionate about contributing into and solving those problems.” Said Ma, a founder of charitable trust funds.

The establishment of two charitable trust funds made Ma Yun and Cai Chongxin known among worldwide famous philanthropists. In the press conference, Ma Yun received congratulations from many celebrated philanthropists, such as Bill Gates, Warren Buffett and Michael Bloomberg.

“Their donations set the new standard for the philanthropy in China, and other businessmen and business leaders are very likely to follow them.” Said Bloomberg.

– Shengyu Wang

Sources: Sina, Hurun Report, Financial Times China
Photo: Wikimedia

October 8, 2015
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