Bloomberg Philanthropies is injecting new funding to further help countries implement tobacco control measures.
Billionaire philanthropist Michael Bloomberg announced a new $20 million Accelerator Fund on Monday at the World Conference on Tobacco Control in Dublin, Ireland. He hopes it will help more countries implement proven tobacco control measures, which include advertising bans on tobacco, raising taxes on cigarettes, and passing legislation banning smoking in public places.
His charity has invested some $1.6 billion in fighting tobacco globally since 2005. He estimates these tobacco control measures have helped save over 35 million lives within the past two decades. At the conference, he also recognized several organizations and governments that have made progress in implementing them.