Billionaire philanthropist Bill Gates has said that COVID-19 risks have reduced but it is almost certain that the world will see another pandemic, CNBC reported.Bill Gates told the news channel that large parts of the global population have achieved a certain level of protection against coronavirus. He added that with the Omicron variant, the severity of the infection has decreased. However, he cautioned: “We’ll have another pandemic. It will be a different pathogen next time.”Gates said that if investments are made now in medical technology, the world would be in a better position to fight the possible future pandemic. “The cost of being ready for the next pandemic is not that large,” Gates told CNBC.
“It’s not like climate change. If we’re rational, yes, the next time we’ll catch it early. The billionaire, who is the co-chair of the Bill & Melinda Gates Foundation, told the news channel that it is too late now to meet the goal of vaccinating 70 percent of the world’s population by the middle of this year.Gates said that in the future, countries should move quicker on vaccination. “Next time we should try and make it, instead of two years, we should make it more like six months,” he told CNBC. Gates' Bill & Melinda Gates Foundation has teamed up with the Wellcome Trust in the United Kingdom to provide $300 million to the Coalition for Epidemic Preparedness Innovations (CEPI), which helped develop the Covax vaccine delivery programme in low- and middle-income nations. The CEPI is attempting to raise $3.5 billion in order to reduce the time it takes to produce a new vaccine to 100 days, according to CNBC. Gates has been vocal about the pandemic and the measures to combat it since it began two years ago.