Shortage of vaccine doses acute and alarming, warns Task Force on COVID-19

New global database to enhance transparency and improve delivery of COVID-19 tools

Geneva/Washington: The Task Force on COVID-19 Vaccines, Therapeutics and Diagnostics for Developing Countries, established by the heads of the International Monetary Fund, World Bank Group, World Health Organization and the World Trade Organization to identify and resolve finance and trade impediments to vaccine, diagnostics, therapeutic production and deliveries, has reiterated the urgency of providing access to COVID-19 vaccines, tests and treatments to people throughout the developing world.

The Task Force also launched a new website (www.covid19taskforce.com) that includes the first phase of a global database, and country dashboards on vaccines, therapeutics, and diagnostics to guide their work and advocacy.  The database and dashboards, which also build on the IMF-WHO COVID-19 Vaccine Supply Tracker, seek to focus international attention and mobilize action by illuminating specific gaps, not just globally but also country-by-country.  

The  joint statement issued today (IST), identified acute and alarming shortage in the supply of doses of low and low-middle income countries as a key constraint especially for the rest of 2021.

Also read: Calling for “urgent action” to arrest the rising human toll, WB, IMF, WHO, and WTO form a “war room” for delivery of COVID-19 health tools to developing countries

“We call on countries with advanced COVID-19 vaccination programs to release as soon as possible as much of their contracted vaccine doses and options as possible to COVAX, AVAT, and low and low-middle income countries,” the Task Force stated. It mentioned its common target was for  at least 40% of people in low and low-middle income countries to be vaccinated by the end of 2021. It however pointed out that it estimated that less than 20% of the necessary vaccines was currently scheduled for delivery to these countries, whether through COVAX, AVAT, or bilateral deals and dose-sharing agreements. 

Urging the COVID-19 vaccine manufacturers to redouble their efforts to scale up production of vaccines specifically for these countries, it called on governments to reduce or eliminate barriers to the export of vaccines and all materials involved in their production and deployment. “We underscore the urgent need for all parties to address supply chain and trade bottlenecks for vaccines, testing, and therapeutics as well as all of the materials involved in their production and deployment,” it stated. 

As per the IMF staff’s US$50 billion proposal to end the pandemic, and in line with the priorities set out by WHO, WTO, IMF and the World Bank Group, over $35 billion in grant are needed with only one third of this financed to date. “We welcome the recent announcement by COVAX and the World Bank to accelerate vaccine supplies for developing countries through a new financing mechanism. We also welcome the partnership between the World Bank and AVAT, noting that World Bank financing is now available to support the purchase and deployment of doses secured by both AVAT and COVAX,” it said. 

– global bihari bureau