2 June 2021 | 11:00 CEST
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Global leaders and private sector companies have pledged US$ 2.4 billion to the COVAX Facility to accelerate access to 1.8 billion COVID-19 doses for lower-income economies. The pledges exceed the original US$ 2 billion target and bring the total raised to US$ 9.6 billion.
The Government of Japan will host the virtual Gavi COVAX Advance Market Commitment (AMC) Summit on 2 June 2021. The event will aim to accelerate access to 1.8 billion COVID-19 vaccine doses for lower-income economies via the Gavi COVAX Advance Market Commitment by raising an additional US$ 2 billion from donors and the private sector, in addition to US$ 6.3 billion already raised before the campaign was launched at the “One World Protected” event on 15 April 2021.
In addition to securing resources to accelerate global vaccination coverage, the Summit will bring together world leaders, the private sector, civil society and key technical partners to reflect on the challenges, successes and lessons learned; and look ahead to potential scenarios to address the pandemic and bolster global health security for the future.
H.E. Suga Yoshihide |
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José Manuel Barroso |
The Japanese government has supported Gavi since 2011, making a contribution of US$ 9 million every year until 2014.
In 2015, Japan doubled its contribution in support of health system recovery in the aftermath of the 2014 Ebola outbreaks. In May 2016. in the fringe of the G7 leaders’ Summit under its presidency, Japan for the first time announced a multi-year pledge to Gavi In 2019, Japan hosted the launch of Gavi’s third replenishment as part of TICAD 7 in Yokohama.
At the Global Vaccine Summit in June 2020, Japan announced to commit US$ 300 million to Gavi’s 2021-2025 vaccination programmes. As one of the first countries to join COVAX, Japan has already disbursed US$ 200 million to the Gavi COVAX AMC.
The Gavi COVAX Advance Market Commitment (AMC) is an innovative financial mechanism that ensures the world’s poorest countries will get access to COVID-19 vaccines, regardless of their ability to pay.