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Tuesday, 01 September 2020 13:27

EU offers 400 million euros to WHO-led COVID-19 vaccine initiative

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The European Commission said it would contribute 400 million euros ($478 million) to an initiative led by the World Health Organization to buy COVID-19 vaccines, but did not clarify whether EU states would acquire shots through the WHO scheme. As stated by Monday (31/8) the COVAX initiative aims to purchase for all countries in the world 2 billion doses of potential COVID-19 shots from several vaccine makers by the end of 2021. Tedros Adhanom Ghebreyesus, WHO director-general, and Seth Berkley, head of the GAVI vaccine alliance, welcomed the financial support. Tedros said in a tweet “ Big thanks to the European Commision for their contribution to the COVAX facility and for standing firm on their commitment to multilateralism”. The Commission said on Monday that the EU financial support will be provided through guarantees//Reuters

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