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
Global Banking & Finance Awards 2026 — Call for Entries

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.

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

What 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.
What 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.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category