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Coronavirus

Donors pledge extra $4.8 billion to fight COVID-19 vaccine inequity

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An international donor conference on Friday raised $4.8 billion (4.4 billion euros) for the UN-backed Covax scheme to deliver coronavirus jabs to poorer countries, organizers said.

“The pandemic is not over, far from it. Until we beat COVID-19 everywhere, we beat it nowhere. That is a fact, and a responsibility for all of us,” said German Chancellor Olaf Scholz, co-host of the online conference.

Scholz, whose bid to make COVID-19 jabs mandatory for over-60s in Germany failed in parliament this week, warned that the ongoing pandemic risked creating new variants that could be “more dangerous” than previous ones.

Read the latest updates in our dedicated coronavirus section.

The conference, hosted by Germany, Ghana, Senegal and Indonesia, sought to address a yawning gap in vaccination rates between the world’s richest and poorest countries.

The Covax scheme, co-led by vaccine sharing alliance Gavi and the World Health Organization, has so far delivered 1.4 billion doses to 145 countries - far short of the planned two billion doses by end-2021.

Governments from developed nations pledged another $3.8 billion to bring the vaccine to 92 low- and middle-income countries.

Development banks including the World Bank and the European Investment Bank contributed one billion dollars on Friday.

The Covax scheme had said in January that it needed $5.2 billion to fund jabs for the world in 2022.

The WHO wants 70 percent of every country’s population vaccinated by July. But records are uneven.

Nearly 80 percent of France’s population, for example, has received two doses. But only 15 percent of the population on the continent of Africa is fully vaccinated, according to Oxford University data.

Covax says it currently has enough doses to vaccinate around 45 percent of the population in the 92 low- and middle-income countries receiving donations. But 25 of those countries lack the infrastructure for an effective immunization campaign.

Making matters worse, many developing countries are being donated doses too close to their expiry date.

“Vaccine inequity is the biggest moral failure of our times and people and countries are paying the price,” United Nations Secretary-General Antonio Guterres said earlier this year.

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