Health

ACT Accelerator to use the EIU as its official tracker

February 16, 2021

Global

EIU COVID-19 Health Funding Tracker

February 16, 2021

Global
Anelia Boshnakova

Senior information specialist, Health Policy and Clinical Evidence

Anelia is a senior information specialist and health policy analyst in the Health Policy and Clinical Evidence team. Her areas of expertise are evidence-based medicine and health policy and systems research. Before joining the EIU, Anelia worked as a senior information specialist at Bazian, and previously at University College London Hospitals NHS Foundation Trust. Anelia holds a master’s degree in Library and Information Science from Syracuse University.

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The EIU Covid-19 Health Funding Tracker presents interactive visualisation for the official ACT Accelerator Funding Commitment Tracker on WHO website

Earlier this month a subset of the EIU’s funding tracker became the official . The tracker is developed in partnership with the ACT Accelerator co-conveners and is hosted on the WHO website. The interactive visualisation presents funding commitments made against the four pillars of the global initiative: vaccines, therapeutics, diagnostics and health systems, showing both the source and recipient organisation for each funding item. Historical funding trends can also be viewed, dating back to March 2020.

At the end of January 2021, the total funding commitments amounted to US$ 6.0 billion, with an additional US$ 4 billion in projected funding announced by the on 28 December 2020.

News reports from 9 February 2021 revealed that the plans to provide additional funding of US$ 1.8 billion to the Access to COVID-19 Tools Accelerator (ACT Accelerator). Just under half of this funding will be used for the procurement and distribution of vaccines to low- and middle-income countries, and the remaining funds will be allocated to vaccine research, therapeutics, diagnostics, and the strengthening of health systems.

While these additional funding commitments are quite significant, a funding gap of over US$ 20 billion still remains according to the ACT Accelerator report published in November 2020.

 

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