'We right now are basically out of money' for COVAX, says Gavi
Source: Devex
'We right now are basically out of money' for COVAX, says Gavi
By Sara Jerving // 19 January 2022
COVAX, the international initiative aimed at ensuring equitable access to COVID-19 vaccines, needs at least $5.2 billion in new funding over the next three months, according to Gavi, the Vaccine Alliance and its partners.
“We right now are basically out of money,” said Dr. Seth Berkley, chief executive officer at Gavi, during a press conference Wednesday. “That doesn't mean that we don't have money to pay for the doses that we've already ordered; of course we do.”
But the additional funding is needed quickly to pay for rollouts of donated doses over the coming months, he said, adding that about 25 countries are lagging behind on their vaccine campaigns, which need additional support. Funds are also needed to give COVAX the flexibility to purchase more vaccines.
“We need this money now because we know that without it, we will face further delays in accessing and securing supplies and helping countries delivering vaccines into arms,” Berkley said.
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Read more: https://www.devex.com/news/we-right-now-are-basically-out-of-money-for-covax-says-gavi-102485