‘Most successful’ vaccine summit raises US$8.8 billion

National governments, civil society and private organisations have pledged a record US$8.8 billion to a global collaboration over vaccines for low-income countries, laying the groundwork for the rollout of a future COVID-19 jab and saving up to 8 million lives.

The record funding was accorded to Gavi, the Vaccine Alliance, during a virtual summit hosted by the United Kingdom yesterday (4 June).

Gavi helps vaccinate half of the world’s children against diseases. Its focus is low-income countries, with more than 60 per cent of resources spent in Africa.

“We cannot live in a world where some have access to vaccines and others do not.”

Katrín Jakobsdóttir, Prime Minister of Iceland

The funding pledges will maintain Gavi’s operations over the next five years and help immunise 300 million....

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