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Tags: Virus Outbreak | Global Vaccines

Global Vaccine Program COVAX low on Funds, Seeks $5.2B

Global Vaccine Program COVAX low on Funds, Seeks $5.2B

Wednesday, 19 January 2022 01:02 PM EST

GENEVA (AP) — The global initiative to share coronavirus vaccines equally between rich and poor countries asked Wednesday for $5.2 billion in funds to be able to keep buying doses in coming months.

The UN-backed program known as COVAX has delivered just over 1 billion doses since shipments started nearly a year ago.

The initial goal was to deliver 2 billion doses by the end of 2021, but COVAX’s lack of cash when vaccine deals were being made gave it a late start, and most of the world's vaccine doses have gone to wealthy nations who locked in contracts. As things stand now, less than 10% of the people in low-income countries have received at least one dose, while more than 60% of world's overall population has been vaccinated — some with three or four doses.

Seth Berkley, the CEO of GAVI, the global health organization that co-founded the COVAX initiative, said it was key to supplying poor countries with vaccine shots now and in the future but “we right now are basically out of money.”

Follow all AP stories on the pandemic at https://apnews.com/hub/coronavirus-pandemic.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The global initiative to share coronavirus vaccines equally between rich and poor countries asked Wednesday for $5.2 billion in funds to be able to keep buying doses in coming months. The UN-backed program known as COVAX has deliveredjust over 1 billion doses since...
Virus Outbreak,Global Vaccines
183
2022-02-19
Wednesday, 19 January 2022 01:02 PM
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