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Gavi seeks to redirect unspent COVID-19 funds to future vaccine initiatives - P4H Network

Gavi seeks to redirect unspent COVID-19 funds to future vaccine initiatives

Gavi requests donor approval to repurpose unspent COVID-19 funds and secure $9 billion for future vaccine efforts, Development Today reports.

Gavi, the global vaccine alliance, is appealing to its donors to allow the reallocation of billions in unspent COVID-19 funds to support its upcoming five-year funding cycle, aiming to secure a record budget. According to Development Today, Gavi seeks USD 9 billion in new funding while simultaneously negotiating with donors to repurpose existing COVID-19 allocations. CEO Sania Nishtar, speaking in Oslo, confirmed that these discussions are being held on a country-by-country basis to ensure continued support for vaccine distribution and global immunization efforts.

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