WHO requires $23 billion to end COVID pandemic

In an effort to end the COVID-19 pandemic the World Health Organisation (WHO) has asked the 55 wealthiest countries to raise $23 billion in funding.

In an effort to end the COVID-19 pandemic the World Health Organisation (WHO) has asked the 55 wealthiest countries to raise $23 billion in funding. The funding will be used by the Acess to COVID-19 Tools or ACT Accelerator programme. This programme was launched to develop and deploy essential tools like tests and vaccines to many countries. 

Of the 1.4 billion COVID-19 tests used globally, a mere 22 million were used by low-income countries. Making it an extremely low 0.4% of the total COVID-19 tests done. The 55 countries were asked to give ‘fair-share’. The “fair-share” was calculated based on the country’s economic standing. 

Last year, only 6 countries had met or exceeded their ‘fair-share’ commitments. They were Germany, Canada, Kuwait, Norway, Sweden and Saudi Arabia. On the other hand, China met only 3% of what was asked and the USA met only 64% of its ask. This resulted in the last ACT accelerator being short of $14 billion. 

With the requested funds, WHO with its ACT accelerator scheme will be able to give vaccines to middle and low-income countries and achieve the global target of 70% coverage in all countries by mid-2022. They will also be able to personal protective gear and oxygen supply to low-income countries. 

Tags : #WorldHealthOrganization #WHO #COVID-19 #pandemicend #USA #China #AcesstoCOVID-19Tools #ACTAccelerator #vaccines #fundingask #fundingalert #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

10 compelling reasons why choosing right media platform Is important in healthcareApril 19, 2024
Protecting Public Health: Proposed Guidelines for Pharmaceutical Product DistributionApril 19, 2024
What is Haemophilia: A Genetic Bleeding Disorder that has Affected 1,36,000 IndiansApril 19, 2024
Climate Change and Stroke Risk: Exploring the Impact of Temperature Fluctuations on Your Body April 19, 2024
The Extension and Benefits of ABHA Linking with CGHS Beneficiary ID: What You Need to KnowApril 19, 2024
Serum Institute of India Partners with Oxford University to Develop Meningitis-B VaccineApril 18, 2024
Ethical Concerns Arise: Nestlé Accused of Adding Sugar and Honey to Infant Formula and Breakfast Cereals in Low-Income CountriesApril 18, 2024
Empowering India's Youth: IG Drones & AASSC Launch Drone Skill Program, to Upskill 10M YouthApril 17, 2024
Autonomix Medical Inc. Covered in Benzinga Article Highlighting Innovative Nerve Treatment TechnologyApril 17, 2024
Top 5 online learning platform for learnersApril 17, 2024
Broad-Spectrum RNA Vaccine Breakthrough for Enhanced Virus ProtectionApril 17, 2024
The Impact of Excessive Internet Usage on School Absence: Finnish Study Reveals Key FindingsApril 17, 2024
Uncovering Delhi's Illegal Fertility Centre Operations: Insights from Recent Child Trafficking CasesApril 17, 2024
CarDekho's CSR Arm Girnar Foundation Hosts Health Check-up Camps for Underprivileged Children in Jaipur and GurugramApril 16, 2024
Atal Incubation Centre – Centre for Cellular and Molecular Biology (AIC-CCMB) signs agreement for placement of equipment with Thermo Fisher Scientific to help advance innovation in India April 16, 2024
AVEKSHA, four-day care centres, for the kids of industrial workers inauguratedApril 16, 2024
Nearly a third of the constituencies have zero women candidates in Phase 1 and 2 of LS Elections; reveals The Quantum Hub’s Factsheet April 16, 2024
Emergency Healthcare Provider Medulance Secures $3 Million Series A Funding Led by Alkemi Growth CapitalApril 16, 2024
The Healing Power of Natural Diversity: How Nature Boosts Mental HealthApril 16, 2024
Unveiling Cellular Recycling: How Nutrient-Starved Cells Adapt to Stressful ConditionsApril 16, 2024