Biden pledges $4bn for global Covid-19 vaccine program

Vaccine

"We think it is vital to take a role in beating the pandemic globally, and put USA leadership out there to do this", said a senior administration official who requested anonymity to discuss the plan before Biden's announcement at the virtual meeting of the Group of Seven industrialized nations.

The funds were authorized by Congress and are set to be distributed over the next two years.

There has been pressure on Biden to donate a percentage of the US vaccine allotment to poorer countries, including from France's Emmanuel Macron.

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The White House had previously signaled the US would join the COVAX initiative, which the Trump administration eschewed because of its ties to the WHO. S. out of the World Health Organization, but Biden moved quickly after his inauguration last month to rejoin and confirmed that the U.

"Certainly we've seen attempts by other countries - China and Russian Federation - to use vaccines as a means of making progress diplomatically", White House press secretary Jen Psaki said.

He also asked the United Nations council to strengthen the implementation of Resolution 2532, considering it a prerequisite for the United Nations and other stakeholders to distribute vaccines for humanitarian purposes.

"Even if we accomplish a good degree of vaccination to establish what we call herd immunity in the United States, there's always the clear and present danger if the rest of the world has a raging outbreak", said Dr. Anthony Fauci, the federal government's top expert on infectious diseases, in a recent interview with "L.A. Times Today," a daily show produced in partnership with Spectrum News 1.

Canada has been getting all its Pfizer doses from Belgium and has experienced disruptions in supply.

"We do think that it is vital to take a role in beating the pandemic globally and to really put USA leadership out there to do this", said a senior administration official.

The president, in his first national security memorandum last month, called for his administration to develop a framework to donate surplus vaccines once there is a sufficient supply in the U. S.

For the 92 lower- and lower-middle income economies involved in Covax, funding is covered through donations, while for richer countries, buying into bulk purchases operates like a back-up insurance policy for their own vaccination programmes.

According to the World Health Organization, the COVAX programme will require $6.8bn Dollars this year for a successful global vaccine rollout.

Guterres said Wednesday that 130 countries have not received a single dose of the vaccine and declared that at this critical moment, vaccine equity is the biggest moral test before the global community.

Biden will make the announcement during a virtual meeting of G-7 leaders about the pandemic.

An additional $2 billion will be made available through 2022 dependent on donor pledges being fulfilled and initial vaccine doses delivered.

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