The World Health Organization (WHO) requested rich countries to pay their fair share to stop Covid-19. The WHO said the rapid cash deployment to Access the Covid Tools Accelerator could finish off Covid-19 as a global health emergency this year. The WHO-led ACT-A is aimed at developing, producing, acquiring and distributing tools to stop the pandemic. ACT-A made the Covax facility to ensure that developing countries could access vaccines.
CT-A required $23.4 billion for its October 2021-September 2022, but only $800 million has been raised so far. Therefore, they want $16 billion from wealthy nations “to close the immediate financing gap,” with the rest to be self-funded by middle-income countries. “In higher-income countries pay their share of the ACT-Accelerator costs, it can help low and middle-income countries to overcome low Covid-19 vaccination levels, weak testing, and medicine shortages,” he said in a statement.