Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Factbox-What are G7 countries pledging on vaccine doses?

Published 12/06/2021, 17:48
Updated 12/06/2021, 17:50
© Reuters. Armed police officers walk in Falmouth as preparations are underway for the G7 leaders summit, Cornwall, Britain, June 10, 2021. REUTERS/Phil Noble

© Reuters. Armed police officers walk in Falmouth as preparations are underway for the G7 leaders summit, Cornwall, Britain, June 10, 2021. REUTERS/Phil Noble

(Reuters) -Group of Seven leaders are pledging to donate hundreds of millions of doses of COVID-19 vaccines to poor countries.

Following are the pledges so far:

UNITED STATES

U.S. President Joe Biden plans to buy and donate 500 million doses of the Pfizer Inc (NYSE:PFE) coronavirus vaccine to more than 90 countries. He has also called on the world's democracies to do their part to help end the pandemic.

U.S. drugmaker Pfizer and its German partner, BioNTech, will provide 200 million doses in 2021 and 300 million doses in the first half of 2022, which the United States will then distribute to 92 lower-income countries and the African Union.

UNITED KINGDOM

British Prime Minister Boris Johnson said that "the G7 will pledge to distribute vaccines to inoculate the world by the end of next year, with millions coming from surplus UK stocks."

Britain says that G7 leaders are expected to agree to provide 1 billion doses via dose sharing and financing to end the pandemic in 2022.

Johnson has pledged to donate at least 100 million surplus coronavirus vaccine doses within the next year, including 5 million beginning in the coming weeks.

EUROPEAN UNION, GERMANY, FRANCE, ITALY

European Commission President Ursula von der Leyen has said the European Union aims to export 700 million COVID-19 vaccine doses to lower-income countries by the end of 2021. [L2N2NU0AJ]

France and Germany pledged to donate 30 million doses each, with Italy offered 15 million doses.

France has also said it has donated 184,000 doses of AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine to Senegal through the COVAX vaccine-sharing programme.

JAPAN

Japan has said it will donate about 30 million doses of vaccines produced within the country through COVAX.

Japan last week delivered to Taiwan 1.24 million doses of AstraZeneca's vaccine for free.

CANADA

Reuters has reported that Canada is in talks to donate excess doses through COVAX, although it has not yet made public any firm commitment of donations, or said how much it plans to donate.

GLOBAL CONTEXT

COVAX, backed by the World Health Organization (WHO) and the Global Alliance for Vaccines and Immunization (GAVI), aims to secure 2 billion vaccine doses for lower-income countries by the end of 2021.

WHO Director-General Tedros Adhanom Ghebreyesus has said the pandemic is being perpetuated by a "scandalous inequity" in vaccine distribution.

Before the new pledges this week, some 150 million doses had been pledged to COVAX, far short of the 250 million needed by the end of September, and a target of 1 billion by year-end.

© Reuters. Armed police officers walk in Falmouth as preparations are underway for the G7 leaders summit, Cornwall, Britain, June 10, 2021. REUTERS/Phil Noble

Over 2.2 billion doses of COVID-19 vaccine https://graphics.reuters.com/world-coronavirus-tracker-and-maps/vaccination-rollout-and-access have been administered worldwide, and around 560 million of those have been given in G7 countries alone.

The global population is estimated at around 7.8 billion people, about a quarter of whom are younger than 15. Most approved COVID-19 vaccines are two-dose shots.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.