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Bill Gates pledges to infuse nearly $1 billion into global health initiatives

CBS News · Just In
CBS News
CBS News
Just In

The Gates Foundation is pledging to infuse more than $900 million into the global fight against diseases like HIV and malaria. The donation comes as the U.S. has cut more than $10 billion in foreign and humanitarian aid.

Breakdown
  • Bill Gates pledges nearly $1 billion over three years to global health initiatives.
  • The pledge aims to support proven methods to prevent diseases like HIV and malaria. 10s
  • Gates notes his pledge cannot offset recent major cuts in international health funding. 25s
  • Global health funding is projected to drop by 21 percent compared to last year. 33s
  • Gates urges governments to reverse funding cuts to maintain progress in reducing child mortality. 1m 11s
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