COVID-19 Daily Update Gates Foundation Gives US$1.6bn for Lifesaving Vaccines for World's...

Gates Foundation Gives US$1.6bn for Lifesaving Vaccines for World’s Poorest Countries

-

- Advertisment -

The Bill & Melinda Gates Foundation has committed US$1.6 billion to the delivery of lifesaving vaccines to the world’s poorest countries.

The fund was given to Gavi, the Vaccine Alliance, to strategically reach an additional 300 million children in the world’s most vulnerable communities and save up to eight million lives, bringing the total number of children immunized with Gavi support to more than one billion since its inception in 2000.

The commitment was announced at the Global Vaccine Summit 2020, hosted by Prime Minister Boris Johnson of the United Kingdom.

Working closely with developing country governments, vaccine suppliers, donors, and other partners around the world, the Alliance has achieved extraordinary results.

The Gates Foundation is also committing $100 million to Gavi’s new effort to purchase COVID-19 vaccines for lower income countries through a new COVID-19 Vaccine Advance Market Commitment.

This includes $50 million of new funding announced today, as well as the foundation’s $50 million pledge that was made at the Coronavirus Global Response International Pledging Event in May. Today’s pledge also includes $75 million to the Gavi Matching Fund that was announced in January 2020.

“Not many people outside the global health sector have heard about Gavi, but over the past twenty years, it has transformed the way the world invests in and protects the health of its children,” said Melinda Gates, co-chair of the Bill & Melinda Gates Foundation. “If the current pandemic has reminded us of anything, it’s the importance of vaccinating against deadly diseases. The pledges that leaders are making today will help Gavi save even more lives

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Lokoja Residents Groan as Floods Splits Road Into Two

Kogi residents have called on the Federal Government, National Emergency Management Agency (NEMA) and the State government to come...

Sanwo-Olu Approves Reopening Of Public, Private Schools From September 21

Nursery Classes, Daycare Remain Closed Governor Orders Mass Integrity Test On Schools’ Structures Lagos Allows Reopening Of Gym,...

#EdoElection: NSCDC Deploys Additional 1,998 Special Force for Poll

The Commandant General, Nigeria Security and Civil Defence Corps “NSCDC”, Abdullahi Gana Muhammadu, has approved the deployment of an...

Jimi Johnson, To Be Buried in Abuja Tomorrow

Burial Announcement - Profile & Obituary Of Jimmy Johnson By Children  The family of Jimmy Johnson Retired Senior Civil Servant/Veteran...

Revoke CAMA Or Face Legal Action, SERAP Tells President Buhari

The Socio-Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to revoke his assent to the Companies...

Imo State Govt, WHO Launch Innovative Mobile Health Programme

The Governor of Imo State, His Excellency Hope Uzodinma on 19 August 2020, launched the innovative Mobile Health Insurance...

Must read

Lokoja Residents Groan as Floods Splits Road Into Two

Kogi residents have called on the Federal Government, National...

Sanwo-Olu Approves Reopening Of Public, Private Schools From September 21

Nursery Classes, Daycare Remain Closed Governor Orders Mass...
- Advertisement -

You might also likeRELATED
Recommended to you