WHO requires $23 billion to end COVID pandemic

In an effort to end the COVID-19 pandemic the World Health Organisation (WHO) has asked the 55 wealthiest countries to raise $23 billion in funding.

In an effort to end the COVID-19 pandemic the World Health Organisation (WHO) has asked the 55 wealthiest countries to raise $23 billion in funding. The funding will be used by the Acess to COVID-19 Tools or ACT Accelerator programme. This programme was launched to develop and deploy essential tools like tests and vaccines to many countries. 

Of the 1.4 billion COVID-19 tests used globally, a mere 22 million were used by low-income countries. Making it an extremely low 0.4% of the total COVID-19 tests done. The 55 countries were asked to give ‘fair-share’. The “fair-share” was calculated based on the country’s economic standing. 

Last year, only 6 countries had met or exceeded their ‘fair-share’ commitments. They were Germany, Canada, Kuwait, Norway, Sweden and Saudi Arabia. On the other hand, China met only 3% of what was asked and the USA met only 64% of its ask. This resulted in the last ACT accelerator being short of $14 billion. 

With the requested funds, WHO with its ACT accelerator scheme will be able to give vaccines to middle and low-income countries and achieve the global target of 70% coverage in all countries by mid-2022. They will also be able to personal protective gear and oxygen supply to low-income countries. 

Tags : #WorldHealthOrganization #WHO #COVID-19 #pandemicend #USA #China #AcesstoCOVID-19Tools #ACTAccelerator #vaccines #fundingask #fundingalert #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Dish TV Revolutionizes Entertainment with ‘Dish TV Smart+’ Services, Offering TV and OTT on Any Screen, AnywhereApril 26, 2024
Arohan Financial Services Recognized Among India's Best Workplaces in BFSI 2024April 26, 2024
Why Podcasts Are the Next Big Thing in Healthcare Advertising in IndiaApril 26, 2024
Challenges of Child Growth at High Altitudes: New Study Reveals ImpactApril 26, 2024
Staying Cool in India's Scorching Heat: Heatwave Safety TipsApril 26, 2024
The Dark Side of Neotame (Artificial Sweetener): New Research Raises Concerns about Gut HealthApril 26, 2024
Sightsavers India Fellowship Program Invites Applications for Promising OphthalmologistsApril 25, 2024
Transforming Brain Healthcare: India's Visionary Task Force for Neurological DisordersApril 25, 2024
The Battle Against Malaria: Rising Trends and Vaccine InnovationsApril 25, 2024
Talc and Asbestos Controversy: Inside Johnson & Johnson's Courtroom StruggleApril 25, 2024
The Hidden Struggles of Parenthood: Addressing Isolation, Loneliness, and BurnoutApril 25, 2024
FDA Confirms Bird Flu Virus Remnants in Pasteurized Milk: Safety and Regulatory InsightsApril 24, 2024
Sarvodaya Hospital Redefines Total Knee Replacement Surgery with Augmented Reality April 23, 2024
Fateh Education announces partnership to expand educational opportunities for Indian studentsApril 23, 2024
10 Strategies to counter disinformation for the healthcare digital ecosystemApril 23, 2024
Is Selling Over-the-Counter (OTC) Drugs in General Stores A Step Towards Affordable Healthcare in IndiaApril 23, 2024
Student Health Crisis: Food Poisoning Incident Strikes Pune Coaching CentreApril 23, 2024
The Impact of Diabetes on Kidney Health: Diabetic Nephropathy ExplainedApril 23, 2024
Toddler Hospitalized After Consuming Expired Chocolates: Health Concerns RaisedApril 23, 2024
After months of diagnostic delay, a migrant worker could access TB services only when a community health worker met himApril 22, 2024