Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Global leaders commit $1.9 billion to eradicate polio amid funding cuts
    Finance

    Global Leaders Commit $1.9 Billion to Eradicate Polio Amid Funding Cuts

    Published by Global Banking & Finance Review®

    Posted on December 8, 2025

    2 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Global leaders commit $1.9 billion to eradicate polio amid funding cuts - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:charitable projectsfund projectsPublic Healthfinancial community

    Quick Summary

    Global leaders pledged $1.9 billion to combat polio amid funding cuts, focusing on high-risk areas. The GPEI faces a $1.7 billion funding gap by 2029.

    Global Leaders Pledge $1.9 Billion to Eradicate Polio

    Dec 8 (Reuters) - Global leaders pledged $1.9 billion to advance polio eradication on Monday, accelerating efforts to protect 370 million children from polio each year amid significant funding cuts.

    The budget of the Global Polio Eradication Initiative, a partnership that includes the World Health Organization and the Gates Foundation, is expected to take a 30% cut in 2026 and has a funding gap of $1.7 billion up to 2029.

    The shortfall is largely due to a global pullback from foreign aid, led by the U.S., which is withdrawing from the WHO, although its future funding for polio is not yet final. Other wealthy donor governments like Germany and the UK have also made cuts.

    The GPEI partners, in response, plan to focus more on surveillance and vaccination in areas with a high risk of polio transmission.

    "The new support pledged in Abu Dhabi will be instrumental in helping the GPEI reach all children in the final endemic countries and stop variant polio outbreaks around the world." said Tedros Ghebreyesus, Director-General of the World Health Organization.

    The pledging event, hosted by Mohamed bin Zayed Foundation for Humanity at Abu Dhabi Finance Week, will reduce the remaining resource gap for GPEI's 2022 to 2029 strategy to $440 million.

    Pledges were made from a diverse group of donors and countries, including $1.2 billion from the Gates Foundation and $450 million from Rotary International.

    (Reporting by Christy Santhosh in Bengaluru; Editing by Arun Koyyur)

    Key Takeaways

    • •Global leaders pledged $1.9 billion for polio eradication.
    • •GPEI faces a 30% budget cut in 2026 with a $1.7 billion funding gap.
    • •The U.S. is withdrawing from WHO, affecting foreign aid.
    • •GPEI will focus on surveillance and vaccination in high-risk areas.
    • •Major donations include $1.2 billion from Gates Foundation.

    Frequently Asked Questions about Global leaders commit $1.9 billion to eradicate polio amid funding cuts

    1What are funding cuts?

    Funding cuts refer to reductions in financial support for programs or initiatives, which can impact their ability to operate effectively and achieve their goals.

    2What is polio?

    Polio, or poliomyelitis, is a highly infectious viral disease that can lead to paralysis and is primarily spread through contaminated water and food.

    More from Finance

    Explore more articles in the Finance category

    Image for Equinor CEO says EU unlikely to increase Russian gas imports
    Equinor CEO Says EU Unlikely to Increase Russian Gas Imports
    Image for Openreach taps Google AI to speed fibre rollout, cut emissions
    Openreach Taps Google AI to Speed Fibre Rollout, Cut Emissions
    Image for UK consumer sentiment falls as Iran war rages, KPMG says
    UK Consumer Sentiment Falls as Iran War Rages, Kpmg Says
    Image for US oil prices fall on prospect of Middle East ceasefire easing supply disruption
    US Oil Prices Fall on Prospect of Middle East Ceasefire Easing Supply Disruption
    Image for Lamborghinis stranded in Sri Lanka as war disrupts Asia's used-car trade 
    Lamborghinis Stranded in Sri Lanka as War Disrupts Asia's Used-Car Trade 
    Image for Britain pilots social media bans, time limits and curfews for children
    Britain Pilots Social Media Bans, Time Limits and Curfews for Children
    Image for UK's Starmer, Saudi crown prince discussed ongoing Middle East conflict, Downing Street says
    UK's Starmer, Saudi Crown Prince Discussed Ongoing Middle East Conflict, Downing Street Says
    Image for Grifols approves IPO of its US biopharma business
    Grifols Approves IPO of Its US Biopharma Business
    Image for Moldovan parliament backs energy state of emergency after power line knocked out of service
    Moldovan Parliament Backs Energy State of Emergency After Power Line Knocked Out of Service
    Image for Iran says 'non-hostile' ships can transit Strait of Hormuz, FT reports
    Iran Says 'non-Hostile' Ships Can Transit Strait of Hormuz, Ft Reports
    Image for French tycoon Bolloré denies political war against public broadcaster
    French Tycoon Bolloré Denies Political War Against Public Broadcaster
    Image for Arm unveils new AI chip, expects it to add billions in annual revenue
    Arm Unveils New AI Chip, Expects It to Add Billions in Annual Revenue
    View All Finance Posts
    Previous Finance PostMagnum's $9.1 Billion Ice Cream Listing Leaves Some Investors Cold
    Next Finance PostXi Woos Macron With Sightseeing Trip, but Little in the Way of Deals