Widespread access to COVID-19 vaccines is critical for development. The world is currently faced with heavy COVID-19 caseloads, high death rates, and related reversals in development. Vaccinations appear to be the best single development investment available. Access is achievable, but urgent action is needed.
“The situation that we see right now is absolutely unacceptable, because a large part of the world remains unvaccinated and this is a danger for all of us,” so warns Mamta Murthi, the World Bank’s Vice President for Human Development.
PRESS RELEASE JUNE 21, 2021
Working with countries and partners across Africa to quickly expand equitable access to vaccines
WASHINGTON, June 21, 2021— The African Finance Ministers and the World Bank Group met today to fast track vaccine acquisition on the continent and avoid a third wave. In a boost to the African Union’s target to vaccinate 60% of the continent’s population by 2022, the World Bank and the AU announced that they are partnering to support the Africa Vaccine Acquisition Task Team (AVATT) initiative with resources to allow countries to purchase and deploy vaccines for up to 400 million people across Africa. This extraordinary regional effort complements COVAX and comes at a time of rising COVID-19 cases in the region. World Bank financing is available to support the purchase and deployment of doses secured by AVATT.