The Global Vaccine Summit, hosted by the UK, raises US$ 8.8 billion for immunisation - South Asia Time

The Global Vaccine Summit, hosted by the UK, raises US$ 8.8 billion for immunisation

 June 6, 2020  

London– The Global Vaccine Summit, hosted by the UK, raises US$ 8.8 billion to immunise 300m children and support the global fight against COVID-19.

The funding will help immunise 300 million more children in lower-income countries against diseases like measles, polio and diphtheria by the end of 2025. It will also support health systems to withstand the impact of coronavirus and maintain the infrastructure necessary to roll out a future COVID-19 vaccine on a global scale.

The pledges were made at the Global Vaccine Summit 2020, hosted by UK Prime Minister Boris Johnson. Representatives from 52 countries, including 35 Heads, leaders from global health organisations, the private sector, vaccine manufacturers and civil society organisations to support the Vaccine Alliance’s work protecting almost half the world’s children against deadly, preventable diseases.

Boris Johnson, UK Prime Minister, said:

Britain has been honoured to host this summit today. You can count on our full contribution as together we rise to fulfil the greatest shared endeavour of our lifetime – the triumph of humanity over disease, now and for the generations that follow.

As we make the choice to unite and forge a path of global co-operation, let us also renew our collective resolve to find the vaccine that can defeat coronavirus.

British High Commissioner to Kenya, Jane Marriott said:

GAVI has been operating for over 20 years having vaccinated over 700 million children across the world and Kenya is one of the top 20 priority countries. I’m proud of the UK’s long history of working with Kenya on vaccines.

If you’re in Kenya and have received a measles, pneuomonia or HPV vaccine, that has been through GAVI with UK support. This work is essential if we are to avoid further disease outbreaks and epidemics which would place additional strain on health systems already weakened by coronavirus.

The UK remains the Vaccine Alliance’s largest donor, pledging the equivalent of £330 million per year over the next five years. Other top donors include the Bill and Melinda Gates Foundation, Norway, Germany and the United States. Eight countries made their first ever pledge to Gavi, including Bhutan, Burkina Faso, Cameroon, Finland, Greece, New Zealand, Portugal and Uganda.

As well as supporting the routine vaccination of hundreds of millions of children in lower-income countries from infectious diseases, the new support will also be used to help lower-income countries meet the challenge of the coronavirus pandemic by strengthening health systems and vaccine distribution.

The Global Vaccine Summit also saw the launch of the Advance Market Commitment for COVID-19 Vaccines (COVAX AMC), a new innovative financing instrument to provide access to COVID-19 vaccines for low- and middle-income countries. This is the first building block towards a global mechanism to ensure equitable access to future COVID-19 vaccines.

The Vaccine Alliance brings together developing country and donor governments, the World Health Organization, UNICEF, the World Bank, the vaccine industry, technical agencies, civil society, the Bill & Melinda Gates Foundation and other private sector partners. View the full list of donor governments and other leading organizations that fund Gavi’s work here.