World leaders united on June 4 to raise $8.8 billion for global health organization Gavi, the Vaccine Alliance — far surpassing the initiative’s original target of $7.4 billion.
The funding will go towards global immunization efforts and work to reduce disease inequality around the world.
Improved access to vaccines has changed the lives of millions of people around the world. Gavi has already protected more than 760 million children — a whole generation — from infectious diseases.
Why Global SANDEF Should Care Gavi, the Vaccine Alliance, is a health partnership that helps deliver vaccines to some the world’s poorest populations. Vaccines are a crucial tool for achieving the United Nations’ Global Goal 3 for good health and well-being for all. Good health for all is at the very foundation of all of the Global Goals, and the mission to end extreme poverty. If a child is sick, they cannot attend school, without an education, they cannot secure a good job and income, which furthers the cycle of poverty and affects entire communities. Join Global Citizen and take action here.
The funds raised will allow Gavi to immunize more than 1.1 billion children, saving 22 million lives and halving child mortality in 73 developing countries.
Gavi will be able to maintain routine immunization in developing countries, mitigating the impact of the pandemic and sustaining health systems so that countries can immediately introduce COVID-19 vaccines alongside other essential immunization services.
The UK Pledged £1.65 Billion Over 2021-2025
The UK, which was the host country for the virtual summit, committed £1.65 billion to Gavi for its replenishment. It is one of Gavi’s six original donors and a longstanding supporter and funder of international development.
“Together, we rise to fulfill the greatest shared endeavor of our lifetime — the triumph of humanity over disease, now and for the generations that follow,” UK Prime Minister Boris Johnson said.