The Bill & Melinda Gates Foundation has pledged to commit a sum of $50 million to Gavi, the Vaccine Alliance, Checkout Magazine learnt.
The donation will aid the procurement of the COVID-19 vaccine through Gavi’s COVAX Advance Market Commitment (AMC) as well as delivery of these vaccines to Nigeria and 91 lower-income countries.
The announcement builds on $156 million in previous commitments by the foundation to the COVAX AMC. The foundation’s total commitment to the COVID-19 response is now more than $1.8 billion.
The pledge was announced at Gavi’s COVAX AMC Summit, an event co-hosted by the government of Japan and Gavi that gathered world leaders, the private sector, civil society and technical partners to build support to procure COVID-19 vaccines and equitably distribute them to lower-income countries.
“The world must urgently come together to expand equitable access to COVID-19 vaccines, or we risk more deaths and the emergence of new variants that could prolong the pandemic for everyone,” said Mark Suzman, CEO of the Bill & Melinda Gates Foundation.
“Thanks to today’s contributions, especially Japan’s generous pledge and its leadership in global health, we’ve taken an important step towards that goal. This summit is a powerful example of what can be achieved when we act collectively to control the pandemic and save lives.”
The foundation urged high-income countries to share at least 1 billion excess COVID-19 vaccines with lower-income countries as soon as possible.
