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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.

Reference
This content is a summary by Pratyasha Ghosh for P4H, based on the original content Gavi asks donors to transfer remaining billions in unspent covid money to its next funding period by Ann Danaiya Usher, published on Development Today on 18 Oct 2024