 "$300 million raised for COVAX vaccine sharing at GAVI event: US")
A fund-raising event organised by the Gavi vaccine alliance and the United States secured more than $300 million in fresh funds and Covid-19 doses for the COVAX vaccine-sharing facility, USAID Acting Administrator Gloria Steele said on Thursday.
"Investment in COVAX is a prerequisite for recovery ...ending the acute phase of the pandemic is currently the best economic decision for any country," Jose Manuel Barroso, chair of the Gavi vaccine alliance, said after the three-hour event hosted by the organisation.
US to contribute $2 billion
The US will contribute an additional $2 billion to the vaccines alliance Gavi through 2022 in support of the global COVAX initiative so that people everywhere can have access to safe and effective vaccines, Secretary of State Antony Blinken announced on Thursday and called on partners to aid urgent vaccine manufacturing, supply and delivery needs.
"It will contribute an additional $2 billion to this effort through 2022, because people everywhere should have access to rigorously tested, safe, and effective Covid- 19 vaccines," Blinken said.
"Investment in COVAX is a prerequisite for recovery ...ending the acute phase of the pandemic is currently the best economic decision for any country," Jose Manuel Barroso, chair of the Gavi vaccine alliance, said after the three-hour event hosted by the organisation.
US to contribute $2 billion
Also Read
"It will contribute an additional $2 billion to this effort through 2022, because people everywhere should have access to rigorously tested, safe, and effective Covid- 19 vaccines," Blinken said.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%