Bill Gates, Federica Mogherini, MEP’s, experts from leading European development think-tanks and the audience discussed on Wednesday about the challenges to multilateral cooperation and the EU’s role in achieving sustainable development in its social, economic and environmental aspects in the European Parliament’s Development Commission.

Bill Gates, Microsoft founder, main messages:

– Europe underestimates the importance of its work in development countries. Some background of how we see developing countries: In 1990 36 percent of the global population lived in extreme poverty. Now it’s less then 10 percent.

-In 1990 11 million children were dying, now it’s only 5 million. It’s an amazing think. It is a direct connection of the progress in the world and development generosity. EU does 56% percent of global aid. It’s the world’s forth largest donor, with EUR16,5 billion investment in development assistance.

-I get to go out and see how money is used, the quality of how money is used particularly in health sector. Great vaccines got to developing countries. Another case of progress is polio eradication. We are down below 56 cases in the world. We are close to getting to zero.

-Where do we go on the future? I am optimistic that people will stay generous and will bring innovation to reducing poverty and improving health. But i am worried about the demographic of births. Worldwide there are 41 million births per year right now. The births outside sub saharan Africa have decreased to 25%, from 50% over the century. This shows that by 2050 over 90 percent of the people in extreme poverty will live in saharan Africa.

-If we look in 2040 it’s not just Africa but the poorest parts of Africa- Nigeria, Republic of Congo will have 40 percent of the people in extreme poverty, and a population of 600.000 people. Just these two will have a bigger population than the entire European Union. If we invest in human capital, that can be an asset for Africa, but the question is if we take the lessons from Asia (China) and India and apply them in Africa. If we stay strong we can get their economy to a great level. But if we don’t make the investments we will fall back.

– I will talk a bit about innovation. There is a change in how vaccines are made. Some companies are working making vaccines faster, in case of an emergency.

– It’s ironic that richer countries are responsible for climate change. But they are not the ones that will suffer. The dramatic impact will be on the poor on Ecuador Region, specially Africa, who did nothing t create the problem.

-With climate change some people don’t think it’s a problem. That hurst a lot. We need reliable energy, The way we heat buildings has to change, the industrial economy, transport has to change also. Even as an optimist about innovation, i think we’d better get going. There is an action taking place. Whether it’s going fast enough… we will have suffering, even on 2 degree scenario, that will be very hard to achieve. But there will be suffering. It’s the West and the middle income countries, especially China who have to make the changes in order to pollute less. Will we collectively to the right thing? There are two problems that need global actions are climate change and pandemics. Countries have to work together. These are the more important problems of the day.

-Tax systems can be more progressive. Digital technology is a blessing. Yes it comes with challenges. It’ s an incredible tool for improving the quality of governance specially in Africa.

 

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