World leaders have agreed to pump more than 2 billion euros into fighting the deadly mosquito-borne disease Malaria.
With substantial donations coming from the World Bank and Bill Gates, a large part of the funding will go to developing an effective vaccine.
The UN chief Ban Ki-Moon claimed the money was part of a global strategy to help prevent the disease.
‘‘Our approach to malaria can serve as a model for other campaigns to battle the evils we face now,’‘ said the UN Secretary-General. ‘‘Not just with disease, but hunger, poverty, illiteracy and gender inequality,’‘ he added.
And, the coalition of world leaders and philanthropists also pledged more than 10 Billion euros to halve world poverty.
It is hoped the money will help eradicate extreme famine and poverty across the globe.