Health

New funding appeal for unabating pandemic

August 30, 2021

Global

EIU COVID-19 Health Funding Tracker

August 30, 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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New funding is urgently needed for testing, treatments, and healthcare workers protection in lower income countries

Despite high vaccination rates in some parts of the world, the COVID-19 pandemic is unabating, with new cases surging in wave after wave. In many low- and lower-middle income countries health systems are overloaded and unable to scale up testing, ensure hospitalised patients have access to oxygen, or protect healthcare workers.

To address these urgent needs, the initiative has announced a for US$ 7.7 billion. This funding is allocated as follows:

  • US$ 2.4 billion to scale up of testing in lower income countries to improve the understanding of the local epidemiological situation and inform adequate public health measures to break transmission chains
  • US$ 1.2 billion to address acute oxygen needs to treat seriously ill patients and prevent more deaths
  • US$ 1.7 billion to provide two million healthcare workers with enough basic PPE to keep them safe and prevent health systems from collapsing
  • US$ 1 billion for R&D to ensure that tests, treatments, and vaccines remain effective against the current and emerging variants
  • US$ 1.4 billion to help countries identify and address key bottlenecks for the effective deployment and use of all COVID-19 tools including vaccines.

To find out more about the achievements of the ACT-Accelerator initiative so far see the summary of activities for its four pillars .

 

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