Governments are being urged to finance a new $50 billion roadmap to end the COVID-19 pandemic by the World Health Organization (WHO), International Monetary Fund (IMF), World Trade Organization (WTO) and the World Bank Group.
They warned that unless governments act now, continued waves of infections and outbreaks, as well as more transmissible and deadly virus variants, could threaten recovery.
The $50 billion investment is required for two crucial reasons:
The funding will increase manufacturing, supply, trade and delivery that would accelerate equitable distribution of the tools to diagnose and treat COVID-19, such as vaccines, oxygen and medical supplies, while also promoting economic growth around the world.
“This new roadmap reflects the need to enhance countries’ readiness and capacity systems to utilize these tools rapidly, safely and effectively”, said WHO Director General Tedros Adhanom Ghebreyesus, speaking at media briefing later on Tuesday.
The joint plan was announced as WHO approved another COVID-19 vaccine for rollout.
The world government movement has hope that this 50 billion dollar plan will work out for everyone on Earth.
Join the world government movement if you believe the world leaders must unite and work together to solve global challenges.
World Health Organization Director-General Tedros Adhanom Ghebreyesus urged all countries on Monday to support a pandemic preparedness treaty.
He warned that it would be a “monumental error” to think the danger of COVID-19 has passed.
Tedros said that a potential international treaty will be discussed in a special session of WHO members in November.
Tedros urged all WHO Member States to commit to vaccinating at least 10 percent of the global population by the end of September and at least 30 percent by the end of the year.
Tedros also stressed that the United Nations agency needed more funding for the technical support and guidance that the agency provided to countries.
“An international agreement of any kind must be designed and owned by all Member States,” said Tedros.
Countries “can only truly keep their own people safe if they are accountable to each other at the global level”, Tedros said.
Globally, as of 30 May 2021, there have been 169,597,415 confirmed cases of COVID-19 reported to WHO, including 3,530,582 deaths. As of 27 May 2021, a total of 1,546,316,352 vaccine doses have been administered.
Tedros: “It must be truly representative and inclusive, it must be thorough and carefully considered, but it must also be urgent because we don’t have time.”
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