The Global vaccine alliance Gavi has bagged $4.8 billion in funding pledges for the vaccine-sharing scheme, COVAX. COVAX has delivered 1.42 billion doses so fat to 145 countries. 

It is well known that scaling up deliveries is essential to meet the WHO target of vaccinating 70% of the population in poorer countries by mid-2022. With these funds. Gavi is in a very comfortable position. The group had earlier mentioned that it required an additional $5.2 billion to continue delivering COVID-19 vaccines at scale. Responding to the pledged funds, Marie Ange Saraka-Yao, Managing Director for Resource Mobilization at Gavi said, “it’s a great outcome.” (gavi: Vaccine group Gavi secures $4.8 bln in funding pledges for COVAX, Health News, ET HealthWorld (indiatimes.com))