Posted by Michael Wonder on 05 May 2020
World leaders donate to COVID-19 vaccine funding drive
5 May 2020 - Experts says $20 billion needed to vaccinate global population.
Over 30 countries, as well as United Nations and philanthropic bodies, have pledged more than $8 billion (£6.5 billion) towards the research and development of a COVID-19 vaccine.
The funding drive took place as part of an online summit hosted by the EU, with around 40 countries attending. Among the donors were the European Commission, which donated $1billion and Norway which matched the EC’s pledge. France also pledged $500 million along with Saudia Arabia and Germany, and Japan has donated over $800 million.
