Tuesday, July 29, 2008
Bloomberg and Gates commit $500 m: invest in India
New York City Mayor Michael Bloomberg and Microsoft founder Bill Gates announced a combined investment of $500 million to India and other developing countries on July 23, to help governments implement proven policies to help control tobacco use. There are more than 1 billion smokers in the world today (more than 1 in 4 adults), and tobacco kills more people than any other single agent.
"Unless urgent action is taken, as many as one billion people this century-more than two thirds in the developing world-could die from tobacco-caused illnesses," said a July 23 release from the Bill and Melinda Gates Foundation.
Bloomberg's Initiative to Reduce Tobacco Use, which was established in 2005 and includes a $125 million commitment, will be extended with a new $250 million, four-year commitment.
The Bill & Melinda Gates Foundation announced it will invest $125 million over five years to fight the tobacco epidemic, including a $24 million grant to the Bloomberg Initiative.
To read the full article, click here...
To read the ePaper, visit: http://www.newsindia-times.com
"Unless urgent action is taken, as many as one billion people this century-more than two thirds in the developing world-could die from tobacco-caused illnesses," said a July 23 release from the Bill and Melinda Gates Foundation.
Bloomberg's Initiative to Reduce Tobacco Use, which was established in 2005 and includes a $125 million commitment, will be extended with a new $250 million, four-year commitment.
The Bill & Melinda Gates Foundation announced it will invest $125 million over five years to fight the tobacco epidemic, including a $24 million grant to the Bloomberg Initiative.
To read the full article, click here...
To read the ePaper, visit: http://www.newsindia-times.com
Labels: Bill Gates, control, india, investment, Michael Bloomberg, Microsoft, New York Mayor, smokers, tobacco
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