Connect with us


Gavi, the Vaccine Alliance to receive $1.6 billion from Bill & Melinda Gates Foundation



Bill and Melinda Gates Foundation
  • Global leaders unite to safeguard 300 million more children from disease and mitigate consequences of COVID-19

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.

Gavi is among the five founding members of ID2020 Alliance Organisation.

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

ALSO SEE: Digital ID ‘ID2020’ – How partners launched program to provide digital ID with vaccines

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.

Gavi and Vaccine Alliance

INDIA / Bihar / Patna / 22 December 2010A child receives oral polio vaccine from a house-to-house polio vaccination team in the Kamla Nehru Nagar slum in Patna. Urban slums such as this one are intensively targeted during the polio campaigns.NOTE: House-to-house vaccination teams do not wear a uniform or jacket. ©Bill & Melinda Gates Foundation/Prashant Panjiar

“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.”

ALSO READ  Kaspersky shares top tips to keep your smartphone Corona-free

Working closely with developing country governments, vaccine suppliers, donors, and other partners around the world, the Alliance has achieved extraordinary results. Yet, despite this unprecedented progress, one in ten children still did not receive basic vaccines in 2018. In addition, as COVID-19 disrupts health systems, supply chains, and the ability of health workers to safely reach communities, millions more are at risk of missing out on protection against vaccine-preventable diseases.

“To beat the COVID-19 pandemic, the world needs more than breakthrough science. It needs breakthrough generosity. And that’s what we’re seeing today as leaders across the public and private sectors are stepping up to support Gavi – especially Prime Minister Johnson,” said Bill Gates, co-chair of the Bill & Melinda Gates Foundation. “When COVID-19 vaccines are ready, this funding and global coordination will ensure that people all over the world will be able to access them.”

The foundation has supported Gavi since its founding more than two decades ago. In that time, Gavi has immunized more than three-quarters of a billion children, saved 13 million lives, and cut child mortality in half in supported countries.

“As we enter one of the toughest periods in our history, with the COVID-19 pandemic disrupting vaccine programmes across the globe and causing huge economic damage, this pledge will play a vital role in supporting countries’ efforts to prevent the resurgence of other deadly, vaccine-preventable diseases.” said Chair of the Gavi Board, Dr. Ngozi Okonjo-Iweala.

Dr. Ngozi Okonjo-Iwuala

Chair of the Board of Gavi, Dr. Ngozi Okonjo-Iwuala

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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.