The World Bank has announced that it has approved $3bn in funding to cover vaccination in 32 countries, 15 of which are in Africa.
In a statement issued in advance of the G7 Leaders’ Summit, World Bank Group President, David Malpass, said it had committed over $125bn since the start of the pandemic to combat the economic and social impacts of the pandemic.
“Since the start of the COVID-19 pandemic, the World Bank Group has committed over $125bn to fight the health, economic, and social impacts of the pandemic, the fastest and largest crisis response in our history.
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“This financing is helping more than 100 countries strengthen pandemic preparedness, protect the poor and jobs, and jump-start a climate-friendly recovery,” Malpass said.
He also spoke on the developments concerning the supply of vaccines to developing countries.
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