As of May 13, 2021, the World Bank Board approved operations to support vaccine rollout in 22 countries amounting to $2.4 billion. See the latest project financing, project documents and procurement information in the list below. More information will be shared here as it becomes available. We expect to reach 50 countries amounting to $4 billion by mid-year.
Through this, the World Bank Group is working with partners on the largest vaccination effort in history to stop the COVID-19 pandemic. On April 2, 2020, at the initial COVID-19 response phase, the World Bank’s Board of Executive Directors approved a $6 billion Global COVID-19 Response Program (also called the COVID-19 Strategic Preparedness and Response Program, or SPRP).
The program has reached over 100 countries with emergency operations to prevent, detect, and respond to COVID-19 and strengthen systems for public health preparedness. The timing of potential vaccine development was not known when the SPRP was approved, but global vaccine development efforts progressed rapidly.
Recognizing the need for COVID-19 vaccines, on October 13, 2020, the World Bank Board approved additional financing of $12 billion to the SPRP for developing countries to finance the acquisition and distribution of COVID-19 vaccines (read the project paper).
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.