Tomorrow at President Biden’s first G-7 meeting as commander-in-chief, an announcement will be made by the White Hourse outlining $4 billion in funding that will provide Covid vaccines to 92 low-and-middle income countries. Thus far, Covid vaccines have been made readily available to rich nations while poorer nations have previously been relegated to months-long delays. Now, with this infusion of money through a multilateral agreement, that wait will be substantially decreased.
Biden will use the G-7 to rally support and additional funding from fellow leaders. $2 billion of the funding will be released right away to GAVI, the Vaccine Alliance with the remaining $2 billion depersed over the course of two years with the caveat that other rich countries make good on their pledges. The United States reentry in the global health community especially the World Health Organization is a stanch repudiation of Trump’s withdrawal from the world health’s governing body.Continue reading Biden Agrees to $4 Billion in Funding for Global Equitable Access to COvid Vaccines