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The Vaccine Alliance on the path to immunise a further 300 million children and save up to 6 million more lives

berlinResult_340.jpgHundreds of millions of children living in the world’s poorest countries will receive life-saving vaccines as a result of record-breaking financial commitments made on 17th January at the Gavi Pledging Conference, hosted in Berlin by German Federal Chancellor Angela Merkel.

The US$ 7.5 billion raised today comes from a mix of pledges from 17 sovereign donors – for the first time almost all donors have made pledges for the full five-year funding period – the European Commission and private sector partners. Of the support from sovereign donors, US$ 252 million was committed to the International Finance Facility for Immunisation (IFFIm).

Additionally, Gavi announced today that the Gavi Matching Fund, a fund that doubles private sector contributions and impact, will be renewed for the 2016-2020 period with the support of the Bill & Melinda Gates Foundation, the Netherlands and other sponsors.

Source: GoodNewsAgency.org

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