Editoria e Media
Alwaleed Philanthropies 40th Anniversary Recognised at Leading Davos Event
DAVOS, Switzerland , Jan. 23, 2020 /PRNewswire/ -- Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud , the global philanthropic foundation, received recognition at the 50 World Economic Forum (WEF) held in Davos for its commitment to eradicating preventable diseases. The award was presented following Gavi's annual public-private partnership breakfast on the sidelines of the WEF and comes as Alwaleed Philanthropies marks its 40th anniversary.
The award was received by HRH Princess Lamia Bint Majed Saud Al Saud , General Secretary of Alwaleed Philanthropies who also spoke at Gavi's annual public-private partnership breakfast on the organisation's commitment to ensure that every child is immunized with basic life-saving vaccines no matter where they live in the world.
Last year Alwaleed Philanthropies made a fresh commitment to preventing the spread of vaccine-preventable diseases by investing a further US $5 million in its partnership with Gavi, the Vaccine Alliance. The commitment will provide extra funding between 2020 and 2024 to support organisations identified by Gavi as 'pacesetters' that are developing new innovations to improve vaccine access and delivery, particularly in urban areas. The foundation is providing the funding through Gavi's INFUSE initiative (Innovation for Uptake, Scale and Equity in Immunisation), which identifies these 'pacesetters', provides funding and support for them, and connects them to authorities in countries that need vaccination support.
By 2050 nearly 70% of the world's population will live in urban settings. The rapid growth will add nearly 2.5 billion people to urban areas, with 90% of the expansion occurring in Asia and Africa . These large, highly populated urban settings with mobile, transient and under-immunised populations lend themselves to an increased risk of disease transmission and outbreaks.
"Alwaleed Philanthropies has been a committed supporter of our mission to ensure no child goes without lifesaving vaccines," said Dr Seth Berkley , CEO of Gavi, the Vaccine Alliance. "I would like to congratulate Alwaleed Philanthropies on their 40th Anniversary and thank HRH Princess Lamia Bint Majid Al-Saud for continuously supporting Gavi. The Alliance's successes would not be possible without partnerships with organisations like Alwaleed Philanthropies."
Alwaleed Philanthropies supports and initiates projects in 189 countries, regardless of the gender, race or religion. We collaborate with a range of philanthropic, government and educational organizations to combat poverty, empower women and youth, develop communities, provide disaster relief and create cultural understanding through education. Together with partners around the world, we build bridges for a more compassionate, tolerant and accepting world.
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