Biden To Give $4 Billion To COVAX, Global COVID-19 Vaccine Effort

Clay Curtis
February 19, 2021

Novavax has signed a Memorandum of Understanding (MOU) with Gavi, the Vaccine Alliance, the partnership that is co-leading COVAX, the vaccines pillar of the Access to COVID-19 Tools (ACT) Accelerator in this regard on February 18.

Biden will announce the new contribution during a virtual meeting of the G7, according to a senior administration official.

"Thanks to secured avenues of supply through manufacturer deals and dose-sharing, clarity on global and regional supply forecasts, additional much-needed funding, and countries' hard work to ensure readiness - the world now has its clearest pathway yet to ending the acute stage of this pandemic, globally." said Thabani Maphosa, Managing Director, Country Programmes, GAVI.

British junior foreign minister James Cleverly said the government's "first duty is to protect our own people".

"We're not really able to give with certainty either a timescale or the numbers involved", he told the BBC.

Macron's initiative and accompanying interview in the Financial Times more directly acknowledges the damaging perception that the west is ignoring the plight of the poor, and as a result needs to move quickly by handing out 5% of its supplies.

As the African continent awaits delivery of doses through COVAX, an African Union-created vaccines task force said Friday that it would be getting 300 million doses of Russia's Sputnik V vaccine in May.

Prior to that, Johnson hopes to convene the first in-person G7 summit in almost two years on June 11-13, at a picturesque resort in Cornwall, southwest England.

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Cuomo has been slammed in the last week with accusations that he covered up New York's nursing home death toll. She said they were anxious they would be used against them in a federal investigation.

Data shows that richer countries are hoarding COVID-19 vaccines at the expense of poorer ones.

"It's an unprecedented acceleration of global inequality and it's politically unsustainable too because it's paving the way for a war of influence over vaccines", he told the Financial Times, as Russian Federation and China step up free or low-priced distribution of their own jabs. "You can see the Chinese strategy and the Russian strategy too". Instead, South Africa should aim to complete the first two phases, which would cover about 43% of nearly 40 million people it plans to vaccinate this year, he said in an interview. He said the proposal already had German Chancellor Angela Merkel's support, and he hoped to convince Biden as well. Countries say they "over-ordered" since there was no certainty that any particular vaccine would succeed or when it would be available so, rather than backing a single horse, countries are spreading their bets.

Apart from the power of money and the ability of the rich to acquire more, a problem that exists both at the global level and within countries themselves, there has to be an effort to ensure that the poor can also receive the vaccine without major hassle.

America's G-7 allies are keen to impress President Joe Biden at his first major multilateral engagement since taking office.

He has since vowed to return the United States to the world stage and reclaim its leadership role that was forsaken by Trump as he had sought to pursue an America-first agenda.

Former US president Donald Trump declined to participate in the COVAX initiative because of its ties to the World Health Organization.

On Thursday, White House officials said Biden would pledge $4 billion in U.S. aid to Covax during his virtual meeting with other G7 leaders on Friday. Trump pulled the USA out of the landmark accord in 2017.

Trump also declined to join COVAX and unsuccessfully urged Congress to cut the $4 billion that Biden is now distributing.

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