Bill Gates, world’s second richest man, announced in Abu Dhabi on
Thursday his foundation will contribute $1.8 billion to the Global Polio
Eradication Initiative, a third of the total funds needed.
“I am pleased to announce for the foundation that we are committed to fund a third of what is needed for this campaign,” the Microsoft co-founder told the Global Vaccine Summit in Abu Dhabi. “So for the fully funded campaign, that would be $1.8 billion that we are committed to.”
“There has been a total of four billion dollars raised here. That gives us 73 percent of” the $5.5 billion needed, he said. Other participants at the summit also announced their contributions — $457 million from Britain, $250 million from Canada, and $240 million from Norway.
Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahayan announced he will donate $120 million.
“I am pleased to announce for the foundation that we are committed to fund a third of what is needed for this campaign,” the Microsoft co-founder told the Global Vaccine Summit in Abu Dhabi. “So for the fully funded campaign, that would be $1.8 billion that we are committed to.”
“There has been a total of four billion dollars raised here. That gives us 73 percent of” the $5.5 billion needed, he said. Other participants at the summit also announced their contributions — $457 million from Britain, $250 million from Canada, and $240 million from Norway.
Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahayan announced he will donate $120 million.
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