As of: 04/08/2022 4:54 p.m
The Covax campaign for global vaccination against the coronavirus has not yet achieved its goals. At a donor conference, however, more than four billion euros have now been collected to increase the global vaccination rate.
A donor conference organized with the participation of Germany has brought commitments of 4.4 billion euros for the global vaccination campaign against Corona. The German Development Ministry announced in Berlin that the vaccination alliance Covax could enable more than a further billion vaccinations in the 92 poorest countries in the world through investments in logistics and the purchase of syringes and other consumables. Indonesia, Ghana and Senegal also hosted the conference.
“We must and we can face more than one crisis at the same time. The pandemic is only defeated when it’s defeated everywhere,” said Development Minister Svenja Schulze. “That’s why we continue to work hard towards our common goal of vaccinating 70 percent of the population in all countries.”
Germany gives more than 600 million euros
Germany is providing 400 million euros for the Covax initiative in 92 countries, as well as an additional 224 million euros for vaccine logistics in the partner countries of German development cooperation. A new “precautionary instrument” was also agreed, which should take effect in the event of new dangerous virus variants and ensure that developing countries then have quick and equal access to new vaccines.
The development organization One praised the result of the virtual meeting. “The global community did its homework today. The promised funds give reason for hope: With today’s summit, the ambitious goal of having all countries in the world have a vaccination rate of at least 70 percent by the middle of this year remains within reach,” wrote Stephan Exo -Kreischer, Director of One Germany. A portion of the pledges – $1 billion – were pledged by multilateral development banks in the form of loans.