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World powers, charities, gather in London for $4 billion pledge to beat hunger

The British government says that some $4 billion in new funding has been secured to help fight hunger and malnutrition.

Britain's Department for International Development says that the signing of nutrition pact in London will improve the lives of 500 million pregnant women and small children.

The government said in a statement issued Saturday that a grand total of $4.1 billion had been secured from companies, foundations, governments, and charities.

Some of the funding, like Austalia's roughly $40 million commitment to improving nutrition in the Pacific Ocean region, had already been announced at the national level.

Other commitments, like U.K. company Del Agua's commitment of 430 million pounds ($670 million) toward clean water in Rwanda, is intended to be spent over the next years and decades.