Novo, Gates and Wellcome Charities in $300 Million Health Pledge

The world’s three biggest charitable foundations are joining forces on a $300 million project to address global health topics ranging from climate change to nutrition and superbugs.

The Novo Nordisk Foundation, Bill and Melinda Gates Foundation and Wellcome will each commit $100 million to the project, the charities said in a joint statement on Monday. Planned to last at least three years, the partnership may be extended if it’s successful, Novo foundation Chief Executive Officer Mads Krogsgaard Thomsen said.

“To be honest, three years is a short time for making a change on global climate, agri-food systems, human health,” ...