Collaborative Measures & Investment for a Speedy Global Recovery

In the backdrop of #COVID pandemic crisis, to accelerate measures for a fair distribution and equitable access to vaccines worldwide, heads of International Monetary Fund (Ms. Kristalina Georgieva, Managing Director, IMF), World Health Organisation (Dr Tedros Adhanom Ghebreyesus, Director-General, WHO), World Bank Group (Mr David R. Malpass, President, WBG), World Trade Organisation (Dr Ngozi Okonjo-Iweala, Director-General, WTO) called for a global cooperation to save lives and urged to invest in additional capacity for speeding up the production of vaccines to counter damage caused by new COVID-variants across the globe.

COVID-19 free world
In a one-hour exhaustive deliberation, all the four chiefs of the global organisation pushed several key strategies on the table to minimise the economic burden caused by COVID-19 virus and its variants and to uplift health-related boosters and investments to construct a uniform global health security.

As per WHO’s report, there have been 170,426,245 confirmed cases of COVID-19 globally, including 3,548,628 deaths till June 1st 2021. COVID-19 has claimed many lives all over the world. India is still reeling under its grip and the death toll reported to be 3,35,102 till date though there seem to be a slight decline in the number of active cases registered every day and the country hopefully  is on the road to recovery. Other African and Latin American nations have also been affected at a massive scale.

The global leaders of quadrilateral group urged for a US$ 50 billion financial investment to strengthen the manufacturing capacity, supply, trade flows and the equitable distribution of diagnostics, oxygen, treatments, medical supplies and vaccines and to generate around US$ 9 trillion global economic returns by the year 2025.

The leaders emphasised over speeding up the vaccination by ramping up preparations through collaborative measures and asked countries who have sufficient supply of vaccines to quickly release it to the countries where they were needed most. The World Health Organisation and its COVAX partners have set a goal to vaccinate at least 10 percent of the population of every country by the month of September and around 30 percent of the world’s population by the end of December 2021, which could further be enhanced by 10 more percentage through agreements and surge investments worldwide. Further, by at least 60 percent till the mid-half of the year 2022.

“Shared thoughts and actions from the nations all over the world could bring a massive change in building up the economies and health care infrastructure for a sustainable future. Ending a pandemic is a solvable problem but needed more collaborative efforts, for instance, technology exchange and finance assistance for a fair access and better production of vaccines to curb the pandemic”, the leaders stressed upon.

By- Rashmi Singh

#WHO #WB #IMF #WTO #SpecialPressConferenceOnCOVIDPrevention #GlobalCooperation #VaccinationProduction #FairDistribution #AccessToAll #PoorNationsPriority #EachLifeMatters #SaveWorld #SaveLives #RoadmapCOVIDPrevention #GlobalRecovery

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