Over A Million Road Crash Deaths Annually Prompt New $350M Investment
Bloomberg Philanthropies has announced a new $350 million investment in road safety initiatives. This funding aims to address the alarming rate of road traffic injuries, which are the leading cause of death for individuals aged 5 to 29 globally. The initiative has already contributed to the implementation of over 190 policies aimed at reducing road crashes and their associated fatalities.
- ▪Road traffic injuries claim approximately 1.19 million lives each year worldwide.
- ▪Bloomberg Philanthropies has invested over $500 million in road safety since 2007.
- ▪Road traffic crashes cost countries about 3% of their gross domestic product.
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InnovationHealthcareOver A Million Road Crash Deaths Annually Prompt $350 Million InvestmentByBruce Y. Lee,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Bruce Y. Lee, M.D., MBA, covers health, medicine, wellness and scienceFollow AuthorApr 28, 2026, 04:00am EDTApr 28, 2026, 10:53am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Working with the Bloomberg Philanthropies Initiative for Global Road Safety, the government of Colombia in 2022 reduced speed limits nationwide to 50 kph in urban zones and 30 kph in residential or school zones. (Photo: Bloomberg Philanthropies)Bloomberg PhilanthropiesOn the road again.
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