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Gates Foundation Pledges $50 Million to Fight Ebola Gates Foundation Pledges $50 Million to Fight Ebola
(about 2 hours later)
The Bill & Melinda Gates Foundation committed $50 million on Wednesday to fight Ebola in West Africa, the largest sum it has ever committed to one outbreak. It had already offered $12 million to the World Health Organization, Unicef and the Centers for Disease Control and Prevention to support their work to contain the outbreak in Guinea, Liberia and Sierra Leone. The new money will be available for emergency operations and to help develop drugs, diagnostics or vaccines, Dr. Susan Desmond-Hellmann, the foundation’s chief executive, said. Officials at the United Nations recently estimated that defeating this Ebola outbreak would cost at least $600 million. The Bill & Melinda Gates Foundation on Wednesday committed $50 million to the fight against Ebola in West Africa, the largest sum it has ever committed to one outbreak.
As part of the effort, the foundation had already offered $12 million to the World Health Organization, the United Nations Children’s Fund and the Centers for Disease Control and Prevention to support their efforts to contain the outbreak in Guinea, Liberia and Sierra Leone.
The new money will be available for emergency operations and to help develop drugs, diagnostics or vaccines, said Dr. Susan Desmond-Hellmann, the foundation’s chief executive officer.
The Gates Foundation — the world’s richest — is stepping forward because it can make cash available immediately. “We’d heard that funds committed by some other donors would have to go through their bureaucracies,” she said.
Officials at the United Nations recently estimated that defeating this outbreak will cost at least $600 million.