Covid Vaccine World Bank

It adds new financing to the world bank s covid 19 emergency response programs that are already reaching 111 countries.

Covid vaccine world bank. The financing which aims to support vaccination of up to a billion people is part of an overall world bank group wbg package of up to 160 billion through june 2021 to help developing countries fight the covid 19 pandemic. The world bank has announced plans for a 12bn 9 3bn initiative that will allow poor countries to purchase covid 19 vaccines to treat up to 2 billion people as soon as effective drugs become. The world bank said its covid 19 emergency response programmes are already reaching 111 countries. The pilot amc for pneumococcal vaccines.

The world bank also supports the new covid 19 accelerator initiative announced by several of our partner organizations to speed the development production and equitable access to new covid 19 diagnostics therapeutics and vaccines. 15 oct 2020 02 29 pm ist goutam das. The world bank said tuesday that it approved 12 billion for developing countries to finance the purchase and distribution of covid 19 vaccines tests and treatment. The world bank s board of executive directors approved 12 billion on tuesday to increase low and middle income countries access to covid 19 vaccines tests and treatments.

Countries benefit both from having vaccines available at a much faster rate and from more predictable vaccine pricing. The approval came two weeks after world bank group president david malpass publicly announced the plan on sept. Advance market commitment for pneumococcal vaccines was established in 2009 by a group of donors together with gavi unicef and the world bank. On tuesday the world bank s board of executive directors approved a 12 billion funding proposal to help countries purchase and distribute covid 19 vaccines tests and treatments.

The world bank has to come in a big way to finance global covid vaccine delivery 3 min read.