300 million children at risk

  • Gavi, the global vaccine alliance backed by the Gates Foundation, has raised $8.8 billion from world leaders and companies. 
  • The Bill & Melinda Gates Foundation pledged $1.6 billion to the organization, which it helped to establish two decades ago.
  • Gavi will use the money to immunize 300 million children in the world’s poorest countries by 2025.

The money was raised at the Global Vaccine Summit, hosted by British Prime Minister Boris Johnson, with funds going toward global vaccine alliance Gavi’s efforts to immunize children amid the coronavirus crisis.