The Gavi COVAX Advance Market Commitment Summit

2 June 2021 | 11:00 CEST


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World leaders unite to commit to global equitable access for COVID-19 vaccines

Global leaders and private sector companies have pledged US$ 2.4 billion to the COVAX Facility to accelerate access to 1.8 billion COVID-19 doses for lower-income economies. The pledges exceed the original US$ 2 billion target and bring the total raised to US$ 9.6 billion.

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GAVI COVAX AMC DONORS

COVAX AMC donors table

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    About

    The Government of Japan will host the virtual Gavi COVAX Advance Market Commitment (AMC) Summit on 2 June 2021. The event will aim to accelerate access to 1.8 billion COVID-19 vaccine doses for lower-income economies via the Gavi COVAX Advance Market Commitment by raising an additional US$ 2 billion from donors and the private sector, in addition to US$ 6.3 billion already raised before the campaign was launched at the “One World Protected” event on 15 April 2021.

    In addition to securing resources to accelerate global vaccination coverage, the Summit will bring together world leaders, the private sector, civil society and key technical partners to reflect on the challenges, successes and lessons learned; and look ahead to potential scenarios to address the pandemic and bolster global health security for the future.

    Hosts

    H.E. Suga Yoshihide

     

    H.E. Suga Yoshihide
    Prime Minister, Japan

     

    José Manuel Barroso

     

    José Manuel Barroso
    Chair of the Gavi Board

    Gavi COVAX AMC – Investment Opportunity

    (Last updated on 15 April 2021)

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    Japan support for Gavi

    The Japanese government has supported Gavi since 2011, making a contribution of US$ 9 million every year until 2014.

    In 2015, Japan doubled its contribution in support of health system recovery in the aftermath of the 2014 Ebola outbreaks. In May 2016. in the fringe of the G7 leaders’ Summit under its presidency, Japan for the first time announced a multi-year pledge to Gavi In 2019, Japan hosted the launch of Gavi’s third replenishment as part of TICAD 7 in Yokohama.

    At the Global Vaccine Summit in June 2020, Japan announced to commit US$ 300 million to Gavi’s 2021-2025 vaccination programmes. As one of the first countries to join COVAX, Japan has already disbursed US$ 200 million to the Gavi COVAX AMC.

    Timeline of Japanese support for Gavi

    • 2011: Japan becomes a Gavi donor at the June 2011 pledging conference, committing US$ 9.3 million in direct contributions.
    • 2015: Japan doubles its contribution in support of health system recovery after the 2014 Ebola outbreaks.
    • 2016: Under its G7 presidency, Japan announces the first multi-year pledge to support Gavi’s 2016-2020 strategic period and provided a total of US$ 94.7 million.
    • 2019: Japan hosts the launch meeting of Gavi’s third replenishment in Yokohama.
    • 2020: Commitment of US$ 300 million to Gavi's 2021-2025 vaccination programmes.
    • 2020: Japan becomes one of the first countries to join COVAX.
    • 2021: Japan co-hosts with Gavi the virtual Gavi COVAX Advance Market Commitment (AMC) Summit.

    The Gavi COVAX Advance Market Commitment (AMC) is an innovative financial mechanism that ensures the world’s poorest countries will get access to COVID-19 vaccines, regardless of their ability to pay.

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    Latest COVAX AMC news

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    Mastercard, a long-standing partner of Gavi, recently committed US$ 28 million to the Gavi COVAX AMC, to ensure vaccines are accessible to those that needed them the most, no matter where they live. Vaccines Work spoke to Michael Froman to learn…

    In the COVAX Advance Market Commitment Summit, hosted by Japan, countries and industry came together to pledge support to the mission of making vaccines available equitably worldwide.

    Last updated: 7 Jun 2021

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