The world largest private foundation, the Bill and Melinda
Gates Foundation has announced a further 150-million-dollar commitment to fight
the novel coronavirus pandemic.
“The world community must understand that so long as
COVID-19 is somewhere, we need to act as if it were everywhere.
“Beating this pandemic will require an unprecedented level
of international funding and cooperation,” Bill Gates, the foundation’s
co-chair and founder of Microsoft said.
With Wednesday’s announcement, the foundation has now given
250 million dollars to fight the virus and COVID-19, the respiratory disease it
causes.
The donation comes just a day after U.S. President Donald
Trump said he would halt funding to the World Health Organisation (WHO), a move
that was harshly criticised in the international community.
The Gates’ foundation is among the biggest private donors to
the WHO.
The new funds will go toward the development of diagnostics,
therapeutics, and vaccines, and support efforts to fight the spread of COVID-19
in low and middle-income countries.
The foundation plans to partner with organisation in
sub-Saharan Africa and South Asia to increase their COVID-19 detection
capabilities along with treatment and isolation efforts.
Non-medical funding will also go towards supporting people
in extreme poverty who are impacted by the economic fallout of the virus.
The Bill & Melinda Gates Foundation, previously the
William H. Gates Foundation, is an American private foundation founded by Bill
and Melinda Gates. Based in Seattle, Washington, it was launched in 2000.
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