The Bill and Melinda Gates Foundation has so far
handed out billions in funding to help improve the lives and
technology used for education around the world. In December 2009, the
foundation pledged $3.4
million for libraries in the U.S. to help them accelerate the
support and adoption of broadband in libraries.
The Bill and
Melinda Gates Foundation has now pledged
$10 billion to increase the number of vaccines that are available
to children around the world. The huge amount of funds is committed
over the next ten years to help develop and deliver new vaccines for
the world's poor countries. The funds will also be used to pay for
research into new vaccines.
Increased vaccine availability
could help save more than 8 million children by 2020 according to the
foundation, but funding gaps still exist. Despite the huge amount of
money pledged by the foundation, the call for more private and
government investment in vaccines is being made.
make this the decade of vaccines," said Bill Gates. "Vaccines
already save and improve millions of lives in developing countries.
Innovation will make it possible to save more children than ever
Melinda Gates said, "Vaccines are a
miracle—with just a few doses, they can prevent deadly diseases for
a lifetime. We’ve made vaccines our number-one priority at the
Gates Foundation because we’ve seen firsthand their incredible
impact on children’s lives."
The $10 billion in new
funding for vaccines and vaccine research pledged by the foundation
was in addition to the $4.5 billion that the Gates Foundation has
already committed to the cause.