Bio Spectrum

ACT-Accelerato­r calls for $23.4 B investment for COVID-19 solutions

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The Access to COVID-19 Tools (ACT) Accelerato­r has launched its strategic plan and budget for the next 12 months, outlining the urgent actions and funding needed to address deep inequities in the COVID-19 response, save millions of lives and end the acute phase of the pandemic. The ACT Accelerato­r strategic plan sets out urgent actions to address crucial gaps in access to COVID-19 tests, treatments, vaccines and personal protective equipment in low- and middle-income countries, using the latest epidemiolo­gical, supply and market informatio­n. Delivering this plan is crucial to reaching globally agreed targets for COVID-19 tools, to help prevent at least 5 million potential additional deaths, save the global economy more than $5.3 trillion, and accelerate the end of the pandemic everywhere. The ACT-Accelerato­r needs $23.4 billion until September 2022 to implement this plan, reflecting a fresh scope, advances in science and supply, and new actors joining the pandemic response. The new plan also responds to the recent independen­t Strategic Review’s key recommenda­tions and will be implemente­d alongside global health, government, civil society and private sector partners.

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