Britain Extends Its Financial Support to Gavi

In a warranted move to support GAVI (Global Alliance for Vaccines and Immunization) programme, Britain’s Prime minister, David Cameron along with billionaire Bill Gates has committed to lend financial stimulus of over $2.3 billion (£1.4 billion) to fund vaccination programmes to protect children in poor countries.

Addressing the Gavi conference in London, attended by clan of world leaders, charities, private companies, Mr. Cameron told the press, “In addition to our existing support for Gavi, we will provide £814 million of new funding up to
2015. This will help vaccinate over 80 million children and save 1.4 million lives”.

The pledged funds would be utilized to sustain the pace of global vaccination programme for the next five years. Even other participating countries, France, Germany, Japan and others, would be joining their efforts to escalate the level of funding by a massive 3.7 billion (£2.27 million, required by Gavi, as it’s facing a dearth of £2.3 billion for its work over the next five years.

Nonetheless, Norway has committed $677 million while the United States pledged for $450 million. Though Gavi had managed to vaccinate almost 288 million children in 19 countries so far, it’s aiming to extend its access to another 26 countries to immunize children against two of the biggest child killers, pneumonia and diarrhoea by 2015.