President Cyril Ramaphosa says he’s pleased with the commitments made at the G7 Summit around COVID-19 vaccines and global economic recovery. Speaking from Cornwall in the United Kingdom, he says the G7 leaders have pledged more vaccine support as well as boosting manufacturing capacity in the less developed world.
The “most advanced” countries committed to share one billion doses of vaccines through COVAX. However, the pledge doesn’t represent entirely new resources.
President Ramaphosa says the Global South needs manufacturing capabilities since it doesn’t want to depend on donations.
President Cyril Ramaphosa holds a media briefing at the G7 Summit:
Meanwhile, Ramaphosa has urged the G7 countries to help finance the World Health Organisation’s programme to boost COVID-19 testing, diagnostics and vaccines, the Presidency said on Sunday.
President Ramaphosa, who has joined a summit of the club of rich democracies in England and addressed them on Saturday, said the G7 countries, which together account for more than half of global output, should support the Access to COVID-19 Tools Accelerator to plug the $16.8 billion funding gap for this year.
“We need to address the substantial financing gap for tests, treatments, critical supplies like oxygen and the health systems that enable testing, treatment and vaccination,” President Ramaphosa said in the Presidency statement.
The World Health Organisation’s ACT Accelerator programme for global COVID-19 treatments aims to fast-track production and ensure equitable access to tests, treatments, and vaccines in the fight against COVID-19.
“If all G7 countries met their fair share target, this initiative would be two-thirds funded and it would be 90% funded if all G20 countries made their fair share contributions,” the President said.
President Ramaphosa also urged G7 members to support the TRIPS waiver patents for COVID-19 vaccines and engage in negotiations that could help boost vaccine production.
Around 90% of African countries will miss a September target to vaccinate at least 10% of their populations against the virus as a third wave of the pandemic looms on the continent, the WHO has said.
Africa has now registered five million COVID-19 cases, with the southern Africa region the worst affected, a Reuters tally has shown.
“If the world is to emerge from this grave crisis, it is essential that we work together to mobilise and direct resources to those countries in the greatest need and that we do so now,” said President Ramaphosa.
The G7 groups the United States, Japan, Germany, Britain, France, Italy and Canada.
