The World Health Organization (WHO) has joined other partners in calling upon governments to finance a new $50 billion recovery roadmap to funding the equitable distribution of vaccines and other crucial health tools.
The WHO Director-General Tedros Adhanom announced the plan, which is also supported by the International Monetary Fund, the World Trade Organization and the World Bank Group.
“This would help us dramatically scale up the production of diagnostics, treatments, oxygen, medical equipment and vaccines for equitable distribution,” said Tedros.
“Furthermore, this new roadmap reflects the need to enhance countries readiness and capacity systems to utilize these tools rapidly, safely and effectively.”
The partners expect the funding commitment to bolster responses by developing countries, reducing infections and deaths, while also accelerating economic recovery.
Tedros also used the opportunity to again rally rich nations to share their vaccine doses with poor countries to ensure a synchronized fight against the pandemic.
He expressed optimism that with unity, 40 percent of the world’s population could be vaccinated by the end of the year, following the recovery roadmap.
Similarly, the World Bank Group President also added that: “It’s vital that we speed up the supply chain. We need to shorten the time from the manufacturing of the vaccine to shots in arms. At present, too many doses are waiting to be allocated. They may be stuck in paperwork; sitting in inventory somewhere; or aren’t the type of vaccine the country is able to use. In order to maximize the number of vaccinations, doses need to be matched to country programs as soon as they are manufactured.”