Bill and Melinda Gates have pledged $10 billion in a bid to save millions of lives during the next decade with vaccines. The funds will support efforts to provide vaccinations for diseases such as measles, diphtheria and polio, and develop new vaccines.

Vaccines already get more financing from the Gates Foundation than any other cause, and Mr. Gates said no money would be shifted away from other projects, like improved crops, assistance to small businesses and, on the domestic front, schools and libraries. Instead, he and Warren Buffett will increase their annual gifts to the foundation, and about 30 percent of all spending, up from 20 percent, will be for vaccines.

Read more on: The New York Times

Filed under: Environment, Health