Philanthropic Power and Development – Who shapes the agenda?
This report 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. The findings of the study range from the foundations’ application of a business model to the measurement of results, their influence on policies and agenda-setting, the fragmentation and weakening of global governance, and the lack of transparency and accountability mechanisms. The key message it seeks to get across in the concluding chapter is that governments, international organizations and civil society organizations must carefully differentiate among foundations in the philanthropic sector, assess the growing influence of the large global philanthropic foundations, especially the Bill & Melinda Gates Foundation, on political discourse and agenda-setting in targeted fields, and fully analyze the risks and side effects—intended and unintended—of these activities on sustainable development.
[Read report at the site of Global Policy Forum]
Reading Development 