Over A Million Annual Road Crash Deaths Prompt A New $350M Investment
Key takeaways
- Healthcare Over A Million Road Crash Deaths Annually Prompt New $350M Investment By Bruce Y.
- Forbes contributors publish independent expert analyses and insights.
- Now, really trying to prevent such injuries was kind of a road not taken in many countries before Bloomberg Philanthropies started its road safety work back in 2007 with a $9 million pilot program.
Healthcare Over A Million Road Crash Deaths Annually Prompt New $350M Investment By Bruce Y. Lee,
Forbes contributors publish independent expert analyses and insights. Bruce Y. Lee, M.D., MBA, covers health, medicine, wellness and science Follow Author Apr 28, 2026, 04:00am EDTApr 28, 2026, 04:44am 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. Apparently, Bloomberg Philanthropies just can’t wait to get on the road again when it comes to investments. On Tuesday, at the CityLab 2026 meeting in Madrid, Spain, billionaire philanthropist Mike Bloomberg announced another $350 million commitment to the Bloomberg Philanthropies Initiative for Global Road Safety. The urgency comes from the fact that road traffic injuries are still the leading cause of deaths worldwide for those five to 29 years of age, half a decade after I first reported it in Forbes.
Now, really trying to prevent such injuries was kind of a road not taken in many countries before Bloomberg Philanthropies started its road safety work back in 2007 with a $9 million pilot program. Yep, despite road traffic crashes being among the top ten killers worldwide, this vast global health problem wasn’t getting nearly the requisite attention. Bloomberg Philanthropies has since sought to change all that by investing a total of over $500 million through several phases of work that have already spanned nearly two decades.