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Factbox: Global coronavirus fundraising meeting raises $6.9 billion

The money will be used for Covid-19 tests, treatments and vaccines, and also to support the world's poorest and most marginalised communities

vaccine, pharma, coronavirus, medicine, drugs, medical research, covid, lab
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Commission President Ursula von der Leyen said it was crucial that everyone who needed it should have access to a vaccine.

Reuters
A global fundraising meeting on Saturday raised 6.15 billion euros ($6.9 billion) from the United States, the European Commission and numerous countries to fight Covid-19, with many participants stressing that an eventual vaccine should be available to anyone who needs it.
The pledging summit, part of a joint initiative by the EU executive and advocacy group Global Citizen, also included a globally televised and streamed fundraising concert featuring Miley Cyrus, Justin Bieber, Shakira, Chloe X Halle, Usher and others.
The Commission together with the European Investment Bank pledged 4.9 billion euros ($5.50 billion), the United States $545 million, Germany 383 million euros,

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First Published: Jun 27 2020 | 11:22 PM IST

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