June 28

COVID-19 Vaccine Scheme for Poorest Has $2.6 Billion Left to Spend as Pandemic Recedes

By Jennifer Rigby

Several billions of dollars left in a scheme to deliver COVID-19 vaccines to the world’s poorest could be diverted to prepare for other pandemics or to support vaccine manufacturing in Africa, the scheme’s partners said.

The COVAX initiative, run by Gavi, the Vaccine Alliance, the World Health Organization (WHO), and the Coalition for Epidemic Preparedness Innovations (CEPI), has $2.6 billion left in its coffers as the emergency phase of the pandemic draws to a close, according to documents seen by Reuters and two sources close to the scheme.

Photo courtesy of Mufid Majnun.

Source: Reuters (link opens in a new window)

Coronavirus, Health Care
COVID-19, manufacturing, public health, vaccines