COVAX Summit Secures Additional $2.4B For COVID Vaccine Distribution

The extra funding pledged by wealthier countries and donors is intended to make more COVID-19 vaccines available to poorer countries in need.
Posted at 4:53 PM, Jun 02, 2021

While the U.S. and Europe are making strides in their inoculation efforts, many other parts of the world have fallen behind.

Japan is hosting a virtual summit for COVAX, a global program to get more vaccines to poor countries.

Several nations announced new donations to the initiative. The U.S. has pledged support, too.

So far, COVAX has only distributed about 77 million doses to countries in need.

That's just a quarter of the total number of shots administered in the U.S.