World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus speaks during a press conference, that follows the social distancing rules, after a meeting about the COVID-19 outbreak, caused by the novel coronavirus, at the World Health Organization headquarters in Geneva, on June 25, 2020. (Photo by Fabrice COFFRINI / AFP)
The World Health Organization said Friday that a global initiative to speed up the development and production of COVID-19 tests, vaccines and treatments will require more than $30 billion over the next year.
Providing details of the so-called ACT accelerator, launched in April and aimed at pooling international resources to conquer the pandemic, WHO said “the costed plans presented today call for $31.3 billion in funding.”
So far, $3.4 billion of that had been pledged, it said, pointing out that an additional $27.9 billion was needed over the next 12 months, including nearly $14 billion to cover immediate needs.
The announcement came ahead of a…
Source: Guardian Newspaper
