WHO Alerts: $4.3 billion urgently needed for vaccine sharing scheme

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After the struggle to find a vaccine that is effective against the coronavirus, now concerns over its equitable distribution needs to be addressed. There is a danger that poor people and vulnerable will be stomped all over in the rush for Covid immunizations, the head of the World Health Organization said Monday. He also said that $4.3 billion was required urgently for a world vaccine sharing plan to be filed into execution. 

Many nations have joined the global vaccine plan called COVAX, which was initiated up by the WHO and the GAVI vaccine group to give immunization dosages to nations that could not, or else, bear its costs. It has thus far raised $5 billion, including in excess of 500 million Euros from Germany. G20 countries must aid in plugging a $4.5 billion financing hiatus for a WHO-driven program to convey Covid vaccines and prepare for a finish to the pandemic, a letter seen by AFP noted on Friday. 

The letter, sent in before the current end of the week’s virtual G20 summit, was endorsed by Norwegian Prime Minister Erna Solberg, South African President Cyril Ramaphosa, World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus and Ursula von der Leyen, leader of the European Commission. The letter dated November 16 urged, “A commitment by G20 leaders at the G20 Summit in Riyadh to invest substantially in the ACT-Accelerator’s immediate funding gap of $4.5 billion will immediately save lives, lay the groundwork for mass procurement and delivery of COVID-19 tools around the world, and provide an exit strategy out of this global economic and human crisis.” 

“With this funding, and a joint commitment to spend a proportion of future stimulus on the COVID-19 tools needed globally, the G20 will build a foundation to end the pandemic,” the letter also mentioned and addressed King Salman of Saudi Arabia, the current G20 president.

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