Our Role
Our Role
Where does our foundation contrast with other organizations committed to global investment?
Mostly, discussions revolve around two primary sectors: the public and private. The private sector excels in product and service development, while the public sector, namely the government, is adept at delivering solutions to address the needs of the entire population.
While the private and public sectors, either individually or collaboratively, often succeed in meeting people’s needs, there exist gaps or areas where certain individuals do not receive the necessary support for leading healthy and productive lives.
Consider the historical scenario of the vaccine market a generation ago. In affluent countries, the market for vaccines functioned effectively, providing immunization against various diseases. However, this system did not extend its benefits to other parts of the world. Some vaccines were unavailable to most people, as the private sector refrained from selling them in low-income countries due to uncertain demand. Governments tried intervention but could not coordinate funding, partnerships, and logistics effectively. Consequently, millions of children succumbed to preventable diseases annually.
Philanthropies play a crucial role in addressing such challenges, and this is how we delineate the purpose of our foundation.
How does our foundation actively contribute to problem-solving? What specific actions does our foundation undertake?
Here’s a Detailed Insight into Our Operational Approach
Envisioning a healthy and productive life for everyone, Areness Foundation’s operates through multiple avenues.
Fostering Innovations
Enhancing the well-being of humanity by addressing areas overlooked by governments and businesses.
Enhancing International Collaboration
By bringing together governments, businesses, philanthropies, and communities to preserve and positively impact lives globally.
Producing Superior Quality Data and Evidence
Facilitating advancement by illustrating effective and ineffective approaches.
About Areness Foundation
At Areness Foundation, we believe that good governance is the cornerstone of a society where human rights are respected, growth is sustained, and human development thrives. Guided by the principles set forth by the United Nations (UN), our mission is to foster an environment that promotes human rights and the rule of law, free from corruption and abuse. By strengthening democracy, enhancing public administration, and ensuring transparency, we contribute to a framework where sustainable growth is achievable.
Good governance is defined by eight key principles: participation, rule of law, consensus orientation, equity and inclusiveness, efficiency, accountability, transparency, and responsiveness. These values are essential for creating an economic system where businesses can flourish, and society can prosper.
Areness Foundation is dedicated to driving good governance across the state, private sector, and civil society. Through our philanthropic efforts, we aim to enhance effective governance, improve the well-being of communities, and ensure a sustainable future. Our work aligns with major donors and international financial institutions, such as the International Monetary Fund (IMF) and the World Bank, who increasingly tie their financial aid and loans to governance reforms.
By championing these values, Areness Foundation is committed to creating lasting impact and promoting a more equitable, transparent, and prosperous society.
