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November 23, 2015

UK Gov’t pledges £1 billion to Bill Gates malaria fight

News: The Microsoft founder has been battling malaria since 2013 as part of the 'Accelerate to Zero' strategy.

By Alexander Sword

The UK Government is working with the Bill and Melinda Gates Foundation to tackle malaria as part of a new overseas aid commitment.

Chancellor George Osborne is set to announce a £1 billion fund to tackle malaria and other diseases as part of the Autumn spending review, which will be delivered in partnership with the Microsoft founder’s charity.

The package includes £90 million for the eradication of malaria implementation, £100 million in support for research and development of products for infectious diseases and £115 to develop new drugs, diagnostics and insecticides.

The Foundation itself has committed around $2 billion in grants to combat malaria, as part of a multi-year strategy called Accelerate to Zero that it adopted in late 2013.

"With the combined skill and expertise of British scientists; leveraging the weight of both public and private financing; and the continued leadership of George Osborne and the UK, today’s announcement of the Ross Fund will play a key role in reaching that goal," said Gates.

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