Posted 7th November

Bill Gates opens Reinvented Toilet Expo in Beijing

By KBBDaily on 7th November 2018 - 12:46pm
bathroom, bill gates, microsoft, toilet, expo, beijing, sanitation, foundation, gates foundation, kbb, kbbdaily

Microsoft founder and billionaire philanthropist Bill Gates recently opened the Reinvented Toilet Expo in Beijing with a speech on the new toilet technologies on display at the event, during which he showed a jar of human faeces to highlight the need for sanitation to keep us safe from disease.

The Bill & Melinda Gates Foundation has invested more than $200m since 2011 in “early-stage reinvented toilet and omni-processor research and development aimed at lowering barriers and risk for the private sector and governments to adopt new sanitation solutions”, the foundation said.

At the Reinvented Toilet Expo, Gates shared his foundation’s plans to invest a further $200m to support continued R&D designed to bring down costs of new sanitation products for the poor. “The technologies you’ll see here are the most significant advances in sanitation in nearly 200 years,” he said.

“This Expo is a huge milestone. It’s the first time that we have partners that are really here with products. We know it’s just the beginning, but it’s really great to have gotten to this point. So here we are challenging the paradigm and trying to change it in a way that hasn’t been done in several centuries.

“Our goal is to create a multibillion-dollar business opportunity that at some point is getting by without any sort of philanthropic grant money; it really just evolves into companies competing to buy the best product using these new paradigms.

“We estimate that by 2030 the opportunity here is over $6bn a year," Gates added. "We have 20 companies in total [here today] that are business-ready and ready to get into the market. It’s the first wave with more to come.”

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