Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

COVAX Summit Secures Extra $2.4B for Vaccines for Poor Countries


Thu 03 Jun 2021 | 01:29 PM
Yara Sameh

On Wednesday, countries and private donors pledged nearly $2.4 billion to the COVAX vaccine-sharing plan, expanding efforts to make coronavirus vaccines more accessible to people in poorer nations.

The announcements came during a video summit hosted by Japan and the GAVI Vaccine Alliance, which leads the COVAX facility along with the World Health Organization.

The funds ranging from $2,500 from island nation Mauritius to millions of dollars and doses from wealthier countries.

https://youtu.be/GK6p997sSAc

In a statement, GAVI stated that the fundings will allow COVAX to secure 1.8 billion fully subsidized doses for delivery to lower-income countries in 2021 and early 2022. The doses are enough to protect 30% of the adult population in those nations.

GAVI chairman Jose Manuel Barroso added that the fresh funds brought total COVAX financing to $9.6 billion.

The COVAX mechanism distributed 77 million doses to 127 countries since February.