Uganda's first-ever pledge to be given in instalments until 2025, was announced at a Global Vaccines Summit attended by heads of governments and pharmaceutical company bosses via Zoom last evening. Collectively, the governments pledged USD 8.8 billion in funding for the vaccine programmes.
A poster for the vaccine summit as seen in one of the offices
Uganda has pledged USD 1 million (3.7 billion Shillings) in funding for vaccine programmes in the world’s poorest
countries.
Uganda's first-ever pledge to be given in instalments until 2025, was announced at a Global Vaccines Summit
attended by representatives from 52 countries, including 35 Heads of State,
leaders from global health organisations, the private sector, vaccine manufacturers and civil society organisations via Zoom last evening.
Collectively, the governments pledged USD 8.8 billion in funding for the vaccine programmes. The money that will among others fund vaccine procurement
surpassed the initial target set by the Global Vaccines Alliance GAVI of
USD 7.4billion.
The UK, which remains the Vaccine Alliance’s largest donor, pledged the equivalent of £330 million per year over the next five years. The biggest pledges came from the global philanthropy organization Bill and Melinda
Gates Foundation at USD 1.6 billion, Norway, Germany and the United States of America. Other new
countries to pledge include Cameroon, Finland, Portugal, Burkina Faso,
Greece
and in New Zealand.
Among the funds, countries raised during the summit
include USD 567million which goes towards a future COVID-19 vaccine for the poor.
For this vaccine, GAVI has a set a funding goal of USD 2 billion to ensure access
to even the poorest countries in Sub-Saharan Africa.
According to a poster published on its website, GAVI said with
the new money they hope to reach an additional 300 million children in the next
five years noting that in the last 20 years they have managed to avert more
than 13 million deaths and hope to save more than seven million other lives.
Gavi, the World Health Organization (WHO) and UNICEF have warned that
80 million children under the age of one are at risk of disease due to
disruptions to vital immunisation programmes because of COVID-19.
However, of the USD 8.8 billion pledges announced today, the
biggest percentage was pledged way back before the meeting following calls by
the United Nations and other agencies for a People’s Vaccine against COVID-19. This call, UK Prime Minister Borris Johnson said while giving
his closing remarks meant that no country was to be left behind, praising
countries like Uganda for joining in.
“Together we rise to fulfil the greatest shared endeavour of our
lifetime – the triumph of humanity over disease, now and for the
generations that follow,” Boris Johnson said.
Overall, 21 per cent of the funding comes from the private sector
such as pharmaceutical companies and 79 per cent from governments and humanitarian
agencies.