Bill Gate approves $1.6 Billion For Vaccines | CABLE REPORTERS

On Thursday, the Bill and Melinda Gates Foundation had pledged $ 1.6 billion dollars to the global vaccine alliance GAVI, to by 2025 immunize 300 million children in the world's poorest countries.

The foundation said that they pledge is a five years commitment made at the Global Vaccine Summit, hosted by British Prime Minister Boris Johnson.

Bill gate through 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.

“In addition to supporting the continuation of routine immunization services during the current COVID-19 crisis, Gavi will play a vital role in efforts to end the pandemic, leveraging its two decades of experience in vaccine delivery to deploy potential COVID-19 vaccines to low-income countries when they become available,” it stated.

Mrs. Melinda Gate emphasis on the need of vaccines" “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, 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.”


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