Gates Foundation to commit $1.6 billion for Gavi vaccine alliance

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Gates Foundation to commit $1.6 billion for Gavi vaccine alliance

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The Gates Foundation said on Tuesday it will commit $1.6 billion over the next five years to support Gavi, a public-private partnership that helps buy vaccines for the world's poorest children.

The number of kids dying around the world will likely go up this year because of the massive cuts to foreign aid, foundation chair Bill Gates said in a statement, adding that funding Gavi was the single most powerful step to stop it.

The vaccine alliance is looking to raise $9 billion for its work from 2026 to 2030 at a pledging event to be held in Brussels on Wednesday. It is co-hosted by the European Union and the Gates Foundation.

The Trump administration has previously indicated that it planned to cut its funding for Gavi, representing around $300 million annually.

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