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Global health, monetary, trade groups call for commitment to vaccine equality

World leaders must make a new commitment to a more equal distribution of coronavirus vaccines to bring the pandemic under control, the heads of the World Health Organization, the World Bank, the International Monetary Fund and the World Trade Organization have said.

International Monetary Fund Managing Director Kristalina Georgieva.
International Monetary Fund Managing Director Kristalina Georgieva. AP - Jose Luis Magana
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The joint call comes as concerns rise that vaccine inequality between wealthy and poor nations is further complicating and prolonging a pandemic that has killed more than 3.5 million people globally.

Writing in the Washington Post newspaper on Tuesday, the heads of the four global groups blamed the gap in vaccination programmes for the emergence of virus variants that have fuelled fresh outbreaks in the developing world.

"It has become abundantly clear that there will be no broad-based recovery from the Covid-19 pandemic without an end to the health crisis. Access to vaccination is key to both," they said.

"Ending the pandemic is possible – and requires global action now."

The joint letter was signed by IMF managing director Kristalina Georgieva, WHO director general Tedros Adhanom Ghebreyesus, World Bank president David Malpas, and WTO director general Ngozi Okonjo-Iweala.

Call for action from the G7 industrial bloc

They called on the Group of Seven wealthy democracies to agree on a "stepped-up coordinated strategy, backed by new financing, to vaccinate the world" when they meet in the United Kingdom later this month.

The officials recommended the G7 agree to fund a $50 billion plan already put forward by the IMF to accelerate the end of the pandemic.

The WHO had already decried vaccine inequality as "grotesque" in March and its chief Tedros last month asked vaccine-wealthy nations to refrain from giving shots to children and adolescents and instead donate those doses to other nations.

The UN-backed programme Covax was established to share vaccines with the poorest nations.

But wealthy countries effectively elbowed out Covax in the early stages of procurement, striking their own deals with drug manufacturers and taking the overwhelming share of the more than 1.8 billion doses of vaccine that have already been injected worldwide.

The G7 member countries, which met in central London under tight coronavirus restrictions last month, committed to financially support Covax.

But there was no immediate announcement on fresh funding to improve access to vaccines, despite repeated calls for the group to do more to help poorer countries.

Efforts by the World Trade Organization to suspend patent rights on vaccine technology have met with opposition from some governments, from the European Union and from major pharmaceutical companies.

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