{"id":124263,"date":"2021-02-19T10:13:54","date_gmt":"2021-02-19T14:13:54","guid":{"rendered":"https:\/\/anrupdate.com\/?p=124263"},"modified":"2021-02-19T10:15:18","modified_gmt":"2021-02-19T14:15:18","slug":"biden-to-pledge-4-billion-so-poorer-countries-can-access-covid-vaccine","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/biden-to-pledge-4-billion-so-poorer-countries-can-access-covid-vaccine\/","title":{"rendered":"Biden to pledge $4 billion so poorer countries can access COVID vaccine"},"content":{"rendered":"
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(Reuters) – The Biden administration will pledge $4 billion to a coronavirus vaccination program for poorer countries in hopes of prying loose bigger donations from other governments, U.S. officials said on Thursday.<\/p>

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U.S. President Joe Biden will use his first meeting with leaders of Group of Seven advanced economies on Friday to announce an immediate $2 billion donation to the COVAX program co-led by the World Health Organization, officials said. COVAX aims to ensure a fair supply of coronavirus vaccines around the world.<\/p>\n

The United States will provide the remaining $2 billion over the next two years as other nations fulfill and make their own pledges, the officials said.<\/p>

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\u201cWe want to turn this into a way to translate $2 billion into several billion dollars, up to at least $15 billion,\u201d said one of the officials, estimating the total amount needed for the global vaccination drive.<\/p>

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The U.S. funding has already been approved by Congress.<\/p>\n

Biden\u2019s action is a sharp departure from his predecessor Donald Trump\u2019s threat to withdraw from the WHO, which he accused of being too close to China, where the novel coronavirus emerged in late 2019.<\/p>

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COVAX aims to deliver at least 2 billion vaccine doses by the end of 2021 to cover 20% of the most vulnerable people in poor and middle-income countries. The program is at risk of failing, mainly due to a lack of funds.<\/p>\n

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The head of the Gavi vaccine alliance, which co-leads the program, has also said COVAX needs greater political support, as wealthier nations strike fresh deals with developers to secure limited supplies.<\/p>

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The incoming head of the World Trade Organization and others have underscored the urgent need to jump-start vaccinations across Africa and in other regions that are lagging behind.<\/p>

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The U.S. officials said the donations would not interfere with Biden\u2019s promise to have enough vaccines available for all Americans who want them by the end of July.<\/p>\n

\u201cWhen we have a sufficient supply it is our intention to consider donating surplus vaccines, absolutely,\u201d said one official.<\/p>\n

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Reporting by Carl O\u2019Donnell; Editing by Sonya Hepinstall and Grant McCool<\/p>\n<\/div>\n<\/div>\n

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