UN chief asks to pitch in $35 bn for WHO's initiatives to fight Covid-19

So far, the mechanism has received less than USD 3 billion.

The Secretary-General of the United Nations appealed to donor countries and others to pitch in USD 35 billion for a World Health Organization-led initiative that aims to speed the research and development of tests, treatments and vaccines for the coronavirus.

Without an infusion of USD 15 billion over the next three months, beginning immediately, we will lose the window of opportunity to advance research, increase manufacturing and start delivering new tests and drugs for COVID-19, said Antonio Guterres at the start of a WHO-led meeting on the initiative, known as the Act Accelerator.

He called for a quantum leap in funding to increase the chances of a global solution that could restore normality to the world. So far, the mechanism has received less than USD 3 billion.

WHO chief Tedros Adhanom Ghebreyesus warned the numerous deals struck by countries with pharmaceuticals to secure their own coronavirus vaccine doses could compromise equitable access and halt progress in bringing the COVID-19 pandemic to an end.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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