UK helps raise $1bn in global vaccine donations

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LONDON: Britain said on Sunday it has helped raise $1 billion (818 million euros) from global donors towards the drive to help “vulnerable countries” access coronavirus vaccines, by match-funding contributions.

The UK said, in addition, it has committed 548 million to the COVAX Advance Market Commitment (AMC), after matching with 1 every $4 pledged by other donors.

Canada, Japan and Germany are among the countries to make contributions that it matched, helping the AMC raise more than $1.7 billion in total so far.

The fund will allow for the distribution of one billion Covid-19 vaccine doses to 92 developing countries this year, according to Britain’s Foreign Office.

Published in Dawn, January 11th, 2021

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