A new GPF working paper, jointly published with Brot für die Welt and MISEREOR, examines the role and impact of philanthropic foundations in development. It addresses the impacts and side effects of philanthropic engagement by taking a closer look at the priorities and operations of two of the most prominent foundations, the Rockefeller Foundation and the Bill & Melinda Gates Foundation, in two crucial sectors, health and agriculture. So far, there has been a fairly willing belief among governments and international organizations in the positive role of philanthropy in global development. But in light of experiences in the areas of health, food, nutrition and agriculture, which are discussed in this working paper, a thorough assessment of the impacts and side effects of philanthropic engagement is necessary. The important role being allocated to the philanthropic sector in the 2030 Sustainable Development Agenda makes the discussion of its role a matter of urgency. The paper is available for download here.
Source: Global Policy Forum