Rotary and Gates Foundation extend fundraising agreement to end polio

New match arrangement could raise US$525 million for global eradication effort

Rotary International

LISBON, Portugal – On 25 June, Rotary International and the Bill & Melinda Gates Foundation announced an extension of their existing fundraising partnership that could generate up to US$525 million in new money for polio eradication as the global effort to end this crippling disease enters its critical endgame phase.

Under the new agreement, announced before an audience of more than 20,000 Rotary members from 160 countries gathered in Lisbon for the humanitarian group’s annual convention, the Gates Foundation will match 2 for 1 every new dollar Rotary commits to polio eradication up to $35 million per year through 2018.

All funds raised will support crucial immunization activities in polio-affected countries. These are part of a comprehensive six-year plan to eradicate both wild poliovirus and vaccine-derived virus announced in April by the eradication initiative during the Global Vaccine Summit in Abu Dhabi. At the Summit, global leaders and individual philanthropists signaled their confidence in the endgame plan by pledging $4 billion, nearly three-quarters of the plan’s projected $5.5 billion cost. They also called upon additional donors to commit the additional $1.5 billion needed to ensure eradication. Since then, the government of Australia, and now Rotary, are committing funding toward the remaining $1.5 billion gap through 2018.

More

Related


Related News

   16/04/2018
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, disburses final US$12 million of US$120 million commitment made in 2013
   09/04/2018
Gates and Dangote emphasized the need to eradicate polio, strengthen routine immunization, and improve primary health care.
   19/03/2018
In Nigeria, experts from the frontline of polio eradication are helping to end other disease outbreaks.
   13/03/2018
In Nigeria, dedicated female mobilizers are critical in the fight against polio.
   02/03/2018
US$ 3.2 million pledged for equipment to help detect the last remaining reservoirs of the virus.
   09/01/2018
We join Dr Urs Herzog, Rotarian, polio eradicator, National PolioPlus Advocacy Advisor for Rotary Switzerland and polio survivor himself, as he explains the financial costs of the programme and why it is critical that we eradicate every trace of the virus.