Bill Gates to Give $1.8bn for Polio Eradication

Bill Gates to Give $1.8bn for Polio Eradication

Bill Gates to Give $1.8bn for Polio Eradication

(Abu Dhabi) – Bill Gates has announced that his foundation will contribute $1.8 billion to the Global Polio Eradication Initiative, a third of the total funds needed. “I am pleased to announce for the foundation that we are committed to fund a third of what is needed for this campaign,” the Microsoft co-founder told the Global Vaccine Summit in Abu Dhabi. “So for the fully funded campaign, that would be $1.8 billion that we are committed to. There has been a total of four billion dollars raised here. That gives us 73 percent of” the $5.5 billion needed”, he said.
Other participants at the summit also announced their contributions — $457 million from Britain, $250 million from Canada, and $240 million from Norway. Germany, which had already pledged 100 million euros, announced it will donate a similar amount again. Meanwhile, the Islamic Development Bank offered $227 million.
The number of worldwide polio infections has plunged to 223 in 2012, compared to 360,000 in 1988 when the United Nations launched a campaign to eliminate the highly contagious and crippling illness.

Posted on Apr 28 2013. Filed under Front, Headlines, International. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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