Former Mayor Bloomberg's charity paying $360M in anti-tobacco effort

NEW YORK (WABC) -- Former New York City Mayor Michael Bloomberg is paying up to lower tobacco use across the world.

The charity he founded, Bloomberg Philanthropies, announced a new commitment of $360 million to global anti-tobacco efforts.

The money will help raise tobacco taxes, implement smoke-free laws and pursue other strategies to curb tobacco use in low and middle-income countries.