Japan’s prime minister announced another $800 million to the U.N.-backed program to deploy COVID-19 vaccines for poor countries, a four-fold increase of Japanese funding to the COVAX program.
Yoshihide Suga spoke as Japan co-sponsored a fundraising event for COVAX with Gavi, the Vaccine Alliance, which helps run the program. The program managers are seeking about $2 billion more to reach a target of $8.3 billion for its effort to fund free vaccines for low- and middle-income countries around the world.
“Now is the time for us to act,” said Suga through a translator, leading a parade of world and humanitarian leaders who announced pledges and commitments on Wednesday. He says the additional $800 million will bring Japan’s contribution to $1 billion.
Leaders from Australia, Austria, South Korea, Spain, Sweden and Switzerland were among those citing their efforts to build momentum for greater equity in access to vaccines that the World HealthOrganization — another key COVAX partner — says is badly lacking.
Among those facing vaccine shortfalls are many of the 92 low- and middle-income countries and territories in the Advanced Market Commitment part of the COVAX program.