UNICEF fund aims to raise US$2.5 billion for COVID-19 health supplies; low- and middle-income countries set to benefit

UNICEF fund aims to raise US$2.5 billion for COVID-19 health supplies; low- and middle-income countries set to benefit
Denmark makes first donation to support the global equitable access to COVID-19 tests, treatments and vaccines
NEW YORK/COPENHAGEN, 30 March 2021 – UNICEF has launched a fund to support low- and middle-income countries access to COVID-19 health supplies, including vital tests, treatments and vaccines. The fund, which leverages UNICEF’s Procurement Services to purchase supplies, provides an opportunity for donors to join the largest health and vaccines supply operation the world has ever seen.

The Access to COVID-19 Tools Accelerator Supplies Financing Facility (“ACT-A SFF”) aims to initially raise US$2.5 billion by the end of 2021. Of this, US$1 billion is intended for vaccines and associated immunization campaign supplies including those not covered financially by the COVAX Facility, such as AMC92 country cost-sharing doses through COVAX and support for self-financing participants’ vaccine and delivery costs. Another US$1 billion is for diagnostics and US$500 million is for therapeutics.
Contributions to the facility will help bring the world closer to the global ACT-A goal of providing low- and middle-income countries with the health supplies they need to help bring the acute phase of the pandemic to an end.

“An undertaking of this magnitude requires immediate support, which is why UNICEF has established the ACT-A Supplies Financing Facility,” said Etleva Kadilli, Director of UNICEF Supply Division. “The facility serves as one of the most efficient and most impactful vehicles for supporting the global COVID-19 response by making targeted interventions to get supplies to where they are needed at competitive prices.”

The Government of Denmark has contributed to the fund with a donation of US$4.8 million for immunization supplies to be used in Africa. These supplies will include cold chain and personal protective equipment (PPE) that are essential for carrying out safe COVID-19 immunization campaigns…

The launch of the SFF also complements UNICEF’s efforts to accelerate access to lifesaving supplies, including vaccines and other non-immunization commodities, through its Vaccine Independence Initiative (“VII”) financial mechanism. In 2020, VII supplied hundreds of millions of doses of vaccines for non-COVID-19 immunizations, as well as millions of gloves, masks and medical supplies, as well as other essential commodities.