Skip to main content

Developing Countries: Coronavirus

Question for Department for International Development

UIN 54998, tabled on 4 June 2020

To ask the Secretary of State for International Development, what discussions she has had with representatives of international financial institutions on financing potential vaccinations and treatments for covid-19 in developing countries.

Answered on

10 June 2020

The DFID Secretary of State regularly speaks with counterparts in the International Financial Institutions (IFIs) on a range of issues. DFID officials have also been working closely with the IFIs and have had initial conversations on the possibility of financing potential COVID-19 vaccines and treatments in developing countries. We also worked with the World Bank Group, Gavi, the Vaccine Alliance, and others, to launch a brand-new scheme to ensure global vaccine production at the UK-hosted Global Vaccine Summit, on 4 June. The COVAX Advance Market Commitment for COVID-19 vaccines is aimed at incentivising vaccine manufacturers to produce sufficient quantities of a potential COVID-19 vaccine and to ensure future access for low- and middle-income countries. The UK has contributed over £48 million ($60.6 million) to this initiative.