(MENAFN- Trend News Agency) RIYADH, Saudi Arabia, April 29 . Ascountries reduce emissions, they should also continue helping outthe poorest, said Bill Gates, co-chair of the Bill and MelindaGates Foundation, addressing the panel discussions on philanthropyheld as part of the Islamic Development Bank Group (IsDB) annualmeetings in Riyadh, Trend reports.
“COP28 significantly exceeded my expectations. Not only was ithosted very well, but the spirit of the businesses coming into itwas also very impressive to me.
As we scale it up, we need to get the cost to comedown. Sadly, we are not going to meet the most ambitious goals. Andso at the same time, as we reduce emissions, which they callmitigation, we also have to continue to help out the poorest, notby diverting money away from the things we're doing but by thinkingabout health as even more important,” he said.
Gates noted that the world still needs education.
“So it's all still in this development framework climate being a headwind, that makes development even harderthan if we didn't have that there. I don't think we're going tomiss the goal by a dramatic amount. We need some of theseinnovations; we need to actually surprise people with how quicklywe bring them into practice and how quickly we scale them up,” hesaid.
Gates said he cannot overstate the impact that AI is going tohave on every field of human endeavor, whether it's discovering newdrugs for healthcare intervention, whether it's delivering medicaladvice, or whether it's giving every kid a personal tutor thattalks to them in their language and not only understands thesubject area but also understands their motivation and how to keepthem engaged in a particular topic.
“There was kind of a breakthrough in this area withChat GPT less than two years ago. So, we are at the very earliestage for this,” he added.
The Islamic Development Bank Group (IsDB) is holding its 2024Annual Meetings and Golden Jubilee in Riyadh from April 27–30,under the Royal Patronage of the Custodian of Two Holy Mosques,King Salman Bin Abdulaziz Al-Saud.
The 2024 Annual Meetings are being held under thetheme“Cherishing Our Past, Charting Our Future: Originality,Solidarity, and Prosperity," which marks IsDB's 50 years offostering socio-economic development in its member countries.
Among other topics, the meetings also featured a roundtable onCOP29 with the participation of Azerbaijani governmentrepresentatives.
As the premier South-South multilateral developmentbank, the 2024 IsDB Group Annual Meetings and Golden Jubileeattract international and regional attention.
The annual meetings feature a series of side events withtop-level panelists from government, international and regionalorganizations, the private sector, academia, and civil society.
Ministers of Economy, Planning, and Finance fromIsDB's 57 member countries are participating in the event, alongwith representatives of international and regional financialinstitutions, Islamic banks, private sector companies, national andinternational development finance institutions, international andregional organizations, NGOs, chambers of commerce and industry,and business councils.
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