Sumary of Vaccine inequity undermines global economy recovery, WHO, UNDP and Oxford University:
- Vaccine inequity undermines global economy recovery, WHO, UNDP and Oxford University Thursday, July 22nd 2021 – 09:32 UTC Full article “Vaccine inequity is the world’s biggest obstacle to ending this pandemic and recovering from COVID-19,” said Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization.
- An acceleration in scaling up manufacturing and sharing enough vaccine doses with low-income countries could have added US$ 38 billion to their GDP forecast for 2021 if they had similar vaccination rates as high income countries.
- At a time when richer countries have paid trillions in stimulus to prop up flagging economies, now is the moment to ensure vaccine doses are shared quickly, all barriers to increasing vaccine manufacturing are removed and financing support is secured so vaccines are distributed equitably and a truly global economic recovery can take place.
- A high price per COVID-19 vaccine dose relative to other vaccines and delivery costs – including for the health workforce surge – could put a huge strain on fragile health systems and undermine routine immunization and essential health services and could cause alarming spikes in measles, pneumonia and diarrhea.
- There is also a clear risk in terms of foregone opportunities for the expansion of other immunization services, for example the safe and effective rollout of HPV vaccines.
- Lower income countries need timely access to sustainably priced vaccines and timely financial support.
- “In some low- and middle-income countries, less than 1 per cent of the population is vaccinated – this is contributing to a two-track recovery from the COVID-19 pandemic”, said UNDP Administrator, Achim Steiner.