Is philanthropy still important?
One of the richest couples in the world, the Microsoft founder Bill Gates and his wife Melinda, have pledged to give away 95 per cent of their fortune to aid projects. Do you welcome the support of philanthropists or should governments do more?
The couple's charitable foundation has already spent £17billion to help poorer countries. Bill Gates said that development aid, when spent wisely was the most effective investment that governments can make for saving lives, and building prosperous societies.
Melinda Gates added that at a time when spending on international development is one of the few areas the government has agreed to protect, the money donated by the UK was important. Much of the money spent by the foundation has been spent on vaccines against diseases like polio, malaria and HIV.
Should we all be more charitable? Are we becoming over reliant on philanthropists? How much money do you give to causes? If you had £17billion to spend on a good cause, what area of poverty would you like to see eradicated?
Thank you for your comments. This debate is now closed.