Thanks for the link! I vaguely remember reading this but probably didn’t really get an answer that I was hoping for. In the case of AMF, reason 1 doesn’t apply, because they seem to want the money to do things now instead of building reserves. Reason 4 seems most relevant—maybe the Gates Foundation is hoping that a Malaria vaccine (which recent developments have shown positive results) could render bed nets futile? But I don’t think I buy this either—considering how effective these vaccines currently are, how long it takes to roll out vaccines in these countries, and that Bill Gates himself has previously vouched for bed nets (albeit before the vaccines were endorsed by WHO). As for reasons 2, 3, and 5, I just don’t really see how these reasons are worth killing so many babies for—I can’t picture a decision maker in the Foundation saying “yeah we have decided to let a hundred thousand people die of Malaria so that we can diversify our risks and encourage others to donate”.
I may be missing something, but I only see a few reasonable scenarios:
The Gates Foundation does indeed plan to donate, and they might be the ‘donor of last resort’
They really do not intend to fill the funding gap, perhaps because they don’t think additional funding to AMF is as cost-effective as advertised
They are confident that AMF will somehow get funding from other sources
Thanks! I think I was having the impression that the Gates Foundation was struggling to give out money (e.g. this comment from a long time ago), but I’m now learning that that’s probably no longer true—they set a goal of $9 billion by 2026 and they’re already having a budget of $8.6 billion this year. Now it makes sense.