Vaccine equity at heart of new $50 billion plan to end pandemic, drive recovery
(United Nations News) Governments are being urged to finance a new $50 billion roadmap to end the COVID-19 pandemic and drive a fast recovery, announced on Tuesday by the heads of the world’s predominant global financing, health and trade agencies.
The plan seeks to scale-up supplies of vaccines, tests and treatments, thus reducing the “equity gap” in developing countries, the leaders of the International Monetary Fund (IMF), the World Bank Group (WBG), the World Health Organization (WHO) and the World Trade Organization (WTO) said in a joint statement.
They warned that unless governments act now, continued waves of infections and outbreaks, as well as more transmissible and deadly virus variants, could threaten recovery.
“By now it has become abundantly clear there will be no broad-based recovery without an end to the health crisis. Access to vaccination is key to both”, they said, in a call to action published in newspapers across the world.
The $50 billion investment is required for two crucial reasons.
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