"Securing Polio Vaccinations for 370 Million Children and Boosting Health Innovation in Low-Income Countries: New Funding Announced"

The European Commission, the European Investment Bank, and the Bill & Melinda Gates Foundation have announced a new financing partnership to address global health challenges, including eradicating polio and improving access to health innovations in low-income countries. The €1.1 billion funding package aims to provide vaccinations for nearly 370 million children annually, strengthen health systems, and support the distribution of other childhood immunizations. Additionally, €500 million will be allocated to expand the innovation capacity of health systems in low- and middle-income countries. The partnership marks a significant increase in funding for global health and human development and aims to maximize the impact of every Euro committed by the EU and the European Investment Bank.