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First meeting of the Working Group on COVID-19 Vaccines, Therapy and Diagnostics for Developing Countries

First meeting of the Working Group on COVID-19 Vaccines, Therapy and Diagnostics for Developing Countries


Leaders of the World Bank Group, the International Monetary Fund, the World Health Organization and the World Trade Organization convened today for the first meeting of the Working Group on Vaccines, Therapy and Diagnostics COVID-19 for developing countries. They issued the following joint statement:

“As many countries struggle with new variants and the third wave of COVID-19 infections, accelerating access to vaccines is becoming even more critical to ending the pandemic everywhere and achieving broad growth. We are deeply concerned about the limited vaccines, therapy, diagnostics and delivery support available to developing countries. Urgent action is now needed to arrest the growing human tax due to the pandemic and halt further divergence in economic recovery between advanced economies and the rest.

We have formed a Working Group as a “war room” to help monitor, coordinate and improve the delivery of COVID-19 health tools to developing countries and mobilize relevant stakeholders and national leaders to remove critical barriers – in support of World Bank Group IMF priorities. WHO and WTO, including in joint statements June 1 and June 3rd, and in the amount of $ 50 billion to IMF staff proposal.

At today’s first meeting, we discussed the urgency of increasing stockpiles of vaccines, therapy and diagnostics for developing countries. We also looked at practical and effective ways to monitor, coordinate and advance the delivery of COVID-19 vaccines to developing countries.

As an urgent first step, we call on the G20 countries to (1) accept a target of at least 40 percent in each country by the end of 2021 and at least 60 percent by the first half of 2022 (2) share more vaccine doses now, including ensuring that at least 1 billion share the dose with developing countries in 2021, starting immediately, (3) provide funding, including grants and concession funding, to close the remaining gaps, including the ACT accelerator, and (4) remove all barriers to exports of inputs and finished goods vaccines and other barriers to the supply chain.

In addition, to increase transparency, we have agreed to collect data on dose requirements (by type and quantity), contracts, deliveries (including donations) and the use of COVID-19 vaccines in low- and middle-income countries – and make them available as part of a common dashboard at the country level. We also agreed to take steps to address volatility and coordinate efforts to address preparedness gaps so that countries are in a position to receive, deploy and implement vaccines. ”

Sources

1/ https://Google.com/

2/ https://www.who.int/news/item/30-06-2021-first-meeting-of-the-task-force-on-covid-19-vaccines-therapeutics-and-diagnostics-for-developing-countries

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