Gates Foundation Pledges $1.6 Billion to Gavi, the Vaccine Alliance

By National Urban League
Published03 PM EST, Tue Dec 3, 2024
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The Bill & Melinda Gates Foundation today announced a five-year, US$1.6 billion commitment to Gavi, the Vaccine Alliance, to deliver lifesaving vaccines to the world’s poorest countries. The commitment was announced at the Global Vaccine Summit 2020, hosted by Prime Minister Boris Johnson of the United Kingdom.

Funding secured today for Gavi’s next strategic period will help the Alliance 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.

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.

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