PanamaTimes

Wednesday, Jul 09, 2025

WHO calls on rich countries to pay €14 billion urgently to end global pandemic

WHO calls on rich countries to pay €14 billion urgently to end global pandemic

The World Health Organization (WHO) on Wednesday urged rich countries to urgently provide the $16 billion (€14 billion) that is still missing to finance its plan to fight the COVID-19 pandemic.
"Science gave us the tools to fight COVID-19; if they are shared globally in solidarity, we can end COVID-19 as a global health emergency this year," said the WHO's Director-General Dr. Tedros Adhanom Ghebreyesus.

"If higher-income countries pay their fair share of the ACT-Accelerator costs, the partnership can support low- and middle-income countries to overcome low COVID-19 vaccination levels, weak testing, and medicine shortages," he said in a statement.

The ACT-A accelerator, an acronym for Access to tools against COVID, is a device created by major international health agencies but also the World Bank or the Bill and Melinda Gates Foundation.

Led by the WHO, it is responsible for speeding up access to tools to fight COVID-19 in developing countries.One of its components is the COVAX system, set up at the start of the pandemic and before the arrival of effective vaccines, to try to guarantee equitable access for the whole world to vaccines. It delivered its billionth vaccine dose in mid-January.

Running ACT-A required some $23.4 billion (€20.5 billion) over the October 2021 – September 2022 period, but only $800 million (€700 million) has been raised so far.

The program therefore calls for the $16 billion from rich countries "to fill the immediate financing gap", with the rest to be self-financed by middle-income countries.

Six countries — Canada, Germany, Kuwait, Norway, Saudi Arabia and Sweden — have reached or exceeded a level of fair funding.

Only 0.4% of the 4.7 billion COVID-19 screening tests carried out worldwide have been used in developing countries, where only 10% of the population has received at least one dose of the vaccine.
Comments

Anna 3 year ago
Too late Mr WHO. The Democrats have started to cancel Covid 19 because we are getting close to midterms. No money for you.
Oh ya 3 year ago
And as a added one time BONUS if you give us billions more we will also end global warming and other stuff. FJB
mike 3 year ago
If you stop the corona payments, the "corona pandemic" will end immediately.

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
AI Raises Alarms Over Long-Term Job Security
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
Brazilian Congress Rejects Lula's Proposed Tax Increase on Financial Transactions
Landslide in Bello, Colombia, Results in Multiple Casualties
Papa Johns pizza surge near the Pentagon tipped off social media before Trump's decisive Iran strike
Juncker Criticizes EU Inaction on Trump Tariffs
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Sole Survivor of Air India Crash Recounts Escape
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Protests Erupt in Los Angeles with Symbolic Flag Burning
Trump Administration Issues New Travel Ban Targeting 12 Countries
Man Group Mandates Full-Time Office Return for Quantitative Analysts
JPMorgan Warns Analysts Against Accepting Future-Dated Job Offers
Builder.ai Faces Legal Scrutiny Amid Financial Misreporting Allegations
Japan Grapples with Rice Shortage Amid Soaring Prices
Goldman Sachs Reduces Risk Exposure Amid Market Volatility
HSBC Chairman Mark Tucker to Return to AIA as Non-Executive Chair
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Judge Blocks Trump's Ban on International Students at Harvard
Trump Proposes Travel Ban on 'Uncontrolled' Countries
Panama Port Owner Balances US-China Pressures
Trump Administration Accused of Obstructing Deportation Cases
Trump’s China Strategy Remains a Geopolitical Puzzle
Eurozone Inflation Falls Below ECB Target to 1.9%
Call for a New Chapter in Globalisation Emerges
Blackstone and Rivals Diverge on Private Equity Strategy
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Bangkok Ranked World's Top City for Remote Work in 2025
Denmark Increases Retirement Age to 70, Setting a European Precedent
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Escalating Trade Tensions and Market Reactions
OnlyFans Reportedly in Talks for $8 Billion Sale
JBS Gains Shareholder Approval for U.S. Stock Listing
Booz Allen Hamilton to Cut 2,500 Jobs Amid Federal Spending Reductions
Trump Signs Executive Orders to Accelerate Nuclear Energy Development
Harvard Temporarily Blocks Trump Administration's International Student Ban
Nippon Steel Forms Partnership with U.S. Steel, Headquarters to Remain in Pittsburgh
Trump Expands Tariff Threats to Apple and Samsung Devices
Oracle and OpenAI Plan $40 Billion Nvidia Chip Purchase for AI Data Center
Trump Threatens 50% Tariff on EU Goods, Markets React
×