WHO - New US$50 billion health, trade and finance roadmap to end the pandemic and secure a global recovery

01 June 2021 |
  • Heads of International Monetary Fund (IMT), World Bank Group (WB), World Health Organization (WHO) and World Trade Organization (WTO) issue extraordinary call for financing actions by government leaders to accelerate end to COVID-19 pandemic.
  • IMF, WB, WHO and WTO principals call for US$50 billion investment to generate US$9 trillion in global economic returns by 2025 and boost manufacturing capacity, supply, trade flows and the equitable distribution of diagnostics, oxygen, treatments, medical supplies and vaccines.
  • Call to action by this quadrilateral grouping comes at a perilous point in the pandemic and as the historic World Health Assembly concludes, G7 meetings commence, and follows the G20 Global Health Summit.
  • Doses need to be donated immediately to developing countries, synchronized with national vaccine deployment plans, including through COVAX, which is co-led by CEPI, Gavi and WHO, alongside key delivery partner UNICEF.

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