The Bill & Melinda Gates Foundation is giving $750m to the Global Alliance for Vaccines and Immunization which protects children in the developing world from preventable diseases.
The government of Norway is putting $290m in the pot and Gates is calling on other donors to meet the funding gap. The World Health Organisation estimates $8bn to $12bn is needed between 2005 and 2015 to immunise 27m children in the world’s poorest countries. GAVI has raised $2.3bn towards this goal.
Gates said: “Today, a child’s access to life-saving vaccines too often depends on where he or she lives in the world, and that’s unacceptable….This is a solvable problem - it’s time for donors, both public and private, to dramatically step up their efforts to close the immunization gap.” WHO estimates that of the 10m children who die before their fifth birthday 1.4m die of a disease for which there is a vaccine and another 1.1m die of a disease for which there will soon be a vaccine.
Source: The Register