Bill Gates Targets Extending Giving Pledge Scheme Toward India

Bill Gates and Warren Buffett are looking at expanding their Giving Pledge initiative among wealthy Indians.

The initiative originally aims to persuade 400 billionaires in the U.S. to donate half of their wealth to charity.

>> Bill Gates, Warren Buffett to Take ‘Giving Pledge’ a Notch Higher

The two, along with Melinda Gates, will travel in the first half of 2011 to India, where they hope to meet with top business people and discuss with them ways to promote philanthropy in the Asian nation, Bill Gates announced in his 2011 annual letter, which was released Jan. 30.

Bill Gates and Buffett met with China’s wealthiest people last year to help foster charity in the Asian country. They described the meeting as a “complete success.”

>> Gates, Buffett ‘Amazed’ by China’s Interest in Philanthropy

In his annual letter, Gates also pledged to boost the interactivity of the Bill & Melinda Gates Foundation’s website this year in a bid to get more feedback. He launched in 2010 his own website, www.gatesnotes.com, and a Twitter feed (@BillGates) to share his thoughts on various development challenges.

The renowned philanthropist noted in his letter that the world is close to eradicating polio, and donor financing is critical to achieving this target.

“[W]e are on the threshold of ending polio once and for all,” he wrote.

On Jan. 28 at the World Economic Forum in Davos, Switzerland, the Gates Foundation pledged an additional USD102 million to eradicate the disease.

The global fight against malaria, AIDS and neonatal mortality has also made progess, according to Gates. He said vaccines provide the best tools to combat malaria and AIDS.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.