AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
World

Fresh warning from Covid solutions group, one year on

  • At its launch on April 25 last year, the pandemic was still in its infancy.
Published April 23, 2021

GENEVA: One year on, backers of a giant global programme to develop and deliver Covid-19 vaccines, tests and treatments warned Friday the pandemic would not end without a renewed world effort.

The Access to Covid Tools (ACT) Accelerator, a multi-billion-dollar internationally-coordinated attempt to find ways to beat the pandemic, made rapid strides in speeding up vaccine development -- though a Covid cure remains elusive.

The scheme is seeking $22 billion this year to further the assault on the pandemic, but only has $11.1 billion in commitments so far.

"At the one-year anniversary of the launch of the ACT-Accelerator, world leaders face a choice: invest in saving lives by treating the cause of the pandemic everywhere, now, or continue to spend trillions on the consequences with no end in sight," the scheme said in an impact report.

"The time to act is now.

"It is the fastest and most effective way to save lives, protect health systems and restore economies."

ACT said the cost was less than one percent of what governments are spending on stimulus packages to reboot Covid-scarred economies.

At its launch on April 25 last year, the pandemic was still in its infancy.

The death toll -- now more than three million -- stood at around 190,000, while only 2.7 million people had been infected, compared to nearly 144 million confirmed cases today.

The launch saw world leaders like French President Emmanuel Macron, UN chief Antonio Guterres, German Chancellor Angela Merkel and South African President Cyril Ramaphosa issue the call for global investment in finding solutions.

Comments

Comments are closed.