Accession of the European Union to the COVAX mechanism

September 3, 2020

Hat: Accession of the European Union to the COVAX mechanism

Amorce:

The European Union is contributing EUR 400 million in guarantees to the COVAX mechanism.

Text:

On August 31, 2020, the European Commission confirmed its interest in participating in the COVAX mechanism. This mechanism is co-led by GAVI, the Vaccine Alliance, the Coalition for Epidemic Preparedness Innovations (CEPI) and WHO and aims to accelerate the development and manufacture of vaccines against COVID-19 while ensuring fair and equitable access at affordable prices for all countries around the world. The European contribution of €400 million guarantee to support the COVAX mechanism will therefore benefit low- and middle-income countries.

Url description: Europa

Url: https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1540