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G7 leaders commit $7.5 billion to vaccine rollout in poor countries
![G7 leaders commit $7.5 billion to vaccine rollout in poor countries]()
"Today, with increased financial commitments of over $4 billion to ACT-A and COVAX, collective G7 support totals $7.5 billion," the elite club comprising Britain, Canada, France, Germany, Italy, Japan and the US said in a joint statement. G7 leaders commit $7.5 billion to vaccine rollout in poor countries
Leaders of the Group of Seven (G7) economic powers, who control a little under half of the world's economy, on Friday agreed to "intensify cooperation" in response to the coronavirus pandemic and increase funding commitments for the rollout of vaccines in the world's poorest countries to $7.5 billion.
Days after the UN voiced alarm over gaping inequities in the initial rollout of vaccines between rich and poor countries, G7 leaders holding a virtual meeting on Friday agreed to increase financial commitments to global vaccination efforts.
"Today, with increased financial commitments of over $4 billion to ACT-A and COVAX, collective G7 support totals $7.5 billion," the elite club comprising Britain, Canada, France, Germany, Italy, Japan and the US said in a joint statement.
But many leaders, under pressure over their vaccination campaigns at home, were unwilling to say exactly how much vaccine they were willing to share with the developing world, or when.
German Chancellor Angela Merkel said after the G-7 leaders held a virtual meeting that fair distribution of vaccines was “an elementary question of fairness".
