The World Health Organization along with the other international leading organizations such as Global Fund, UNTAID, CEPI, etc. has launched the COVID-19 Tools (Act) Accelerator. The collaboration helps to speed up the development, production and access to therapeutics, diagnostics and vaccines of COVID-19.
Highlights
- The main of the collaboration is to make COVID-19 treatment available to both rich and poor.
- The initiative has been launched based on the experience that during H1N1 Swine Flu in 2009, the distribution of vaccines was not equitable.
- This was because only the rich countries were able to purchase them.
- During the launch, world leaders such as German Chancellor Angela Merkel, French President Emmanuel Macron were all present.
- However, the United States stayed away from the launch.
US and WHO
- The United States recently announced that it will stop its funding to WHO.
- The US backed off accusing the organization being China-centric.
- China on the other hand, donated 20 million USD in March and has now made an additional donation of 30 million USD.
Funding to the United Nations
- The United Nations is funded in two ways, one through mandatory payment and voluntary contribution.
- The United Nations provided 22% of the general budget of the organization and 28% of peacekeeping budget.
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