The World Health Organization (WHO) called rich countries to provide an urgent $16 billion to its plan to conquer Covid-19 on Wednesday.
Covid might be declared a global health emergency this year, according to the World Health Organization, thanks to a large budget injection into its Access to Covid Tools Accelerator.
The WHO-led ACT-A aims to develop, manufacture, procure, and distribute pandemic-fighting instruments such as vaccinations, tests, treatments, and personal protective equipment.
ACT-A gave birth to the Covax facility, which was created to assure that poorer countries might get vaccines in the future, despite the fact that richer countries would hog the doses.
In mid-January, Covax administered the billionth vaccine dosage.
For the period October 2021 to September 2022, ACT-A required $23.4 billion, but only $800 million has been raised thus far.
The plan calls for wealthier countries to contribute $16 billion upfront to “bridge the urgent finance shortfall,” with middle-income countries covering the balance.
