UN Deputy Secretary-General Amina Mohammed on Monday called on countries to help fill the gap of USD 35 billion in order to meet the global goals of COVID-19 vaccine production, treatments and tests.
"The world urgently needs development, production and equitable access to safe and effective COVID-19 diagnostics therapeutics and vaccines," Mohammed told a hybrid press briefing at the UN headquarters in New York.
"The access to COVID-19 Tools Accelerator (ACT-Accelerator) is our global solution to help the world recover and rebuild from this devastating pandemic. Leading international health organisations, research institutes, foundations and the private sector have worked tirelessly," she said.
The UN deputy chief said that in just five months, the ACT-Accelerator is "up and running".
"Already we are seeing success: the feasibility and announcement today of game-changing rapid diagnostics for low and middle-income countries; the only proven therapy for severe COVID-19 disease; a broad, dynamic vaccine research portfolio and the establishment of a COVAX vaccines facility with over 156 economies committed and more potentially joining, representing nearly two-thirds of the global population," she added.
However, the UN deputy chief said that "we are now at a critical point in the work of the ACT-Accelerator and its COVAX Facility," adding, "We must make important political choices and a quantum leap in funding to increase the chances of a global solution to get the world moving, working and prospering again."
Noting that the USD 3 billion contributed to date has been "a critical seed fund" for the start-up phase of the ACT-Accelerator, Mohammed said that "we now need an additional USD 35 billion to help the facility go from start-up to scale up to meet its goals: to produce 2 billion vaccine doses, 245 million treatments and 500 million tests."
She noted that USD 15 billion of that is needed in the next three months to advance its work immediately.
"Over just nine months, catastrophic health, socio-economic, and humanitarian crisis has been unleashed on the world, taking a toll on the most vulnerable," she said.
"While no country or society will succeed alone, some are still maintaining a 'me first logic' rather than coming together. We must turn this approach around. We need solidarity and concerted multilateral efforts to fight the pandemic and save lives," the UN deputy chief said.
Launched at the end of April, at an event co-hosted by Director-General of the World Health Organization Tedros Adhanom Ghebreyesus, French President Emmanuel Macron, European Commission President Ursula von der Leyen, and the Bill and Melinda Gates Foundation, the ACT Accelerator brings together governments, scientists, businesses, civil society, and philanthropists and global health organisations.