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G-7 gathers to pledge 1 billion coronavirus vaccine shots for world

AP
Updated: June 11th, 2021, 20:17 IST
in Coronavirus, International, Top Stories
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Pic- AP

Pic- AP

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Carbis Bay: British Prime Minister Boris Johnson greeted world leaders on a wooden boardwalk on the freshly raked sand of Carbis Bay to open the Group of Seven summit Friday, offering elbow bumps to dignitaries gathering for the first time since the onset of the COVID-19 pandemic.

The virus was set to dominate their discussions, with leaders of the wealthy democracies club expected to commit to sharing at least 1 billion vaccine shots with struggling countries.

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A commitment from US President Joe Biden to share 500 million doses and one from Johnson for another 100 million shots set the stage for the G-7 meeting in southwest England, where the focus is “Building Back Better From COVID-19.”

“We’re going to help lead the world out of this pandemic working alongside our global partners,” Biden said. The G-7 also includes Canada, France, Germany, Italy and Japan.

The leaders hope the meeting in the resort of Carbis Bay will also energise the global economy. On Friday, they are set to formally embrace a global minimum tax of at least 15 per cent on corporations, following an agreement reached a week ago by their finance ministers. The minimum is meant to stop companies from using tax havens and other tools to avoid taxes.

It represents a potential win for the Biden administration, which has proposed a global minimum tax as a way to pay for infrastructure projects, in addition to creating an alternative that could remove some European countries’ digital services taxes that largely hit U.S. Tech firms. But the endorsement from the G-7 is just one step in the process; the hope is to get many more countries to sign on, and that could be particularly difficult in nations that depend on a low corporate tax base to survive.

For Johnson, the first G-7 summit in two years — last year’s was scuttled by the pandemic — is a chance to set out his vision of a post-Brexit “Global Britain” as a midsized country with an outsized role in international problem-solving.

It’s also an opportunity to underscore the UK-US bond, an alliance often called the “special relationship” — but that Johnson said he prefers to call the “indestructible relationship.”

Climate change is also a top issue on the agenda, and hundreds of protesters gathered in Cornwall to urge the leaders to take action. Some activists sent a barge floating off the coast that was carrying large inflatable figures depicting Biden and Johnson. At one protest, demonstrators carried flags that read “G7 drowning in promises” and “Action not words.”

The official summit business kicked off Friday, with the customary formal greeting and a socially distanced group photo. Later the leaders will meet Queen Elizabeth II and other senior royals at the Eden Project, a lush, domed eco-tourism site built in a former quarry.

The G-7 leaders have faced mounting pressure to outline their global vaccine-sharing plans, especially as inequities in supply around the world have become more pronounced. In the US, there is a large vaccine stockpile and the demand for shots has dropped precipitously in recent weeks.

Biden said the US will donate 500 million COVID-19 vaccine doses and previewed a coordinated effort by the advanced economies to make vaccination widely and speedily available everywhere. The commitment was on top of 80 million doses Biden has already pledged to donate by the end of June.

Johnson, for his part, said the first 5 million U.K. Doses would be shared in the coming weeks, with the remainder coming over the next year. He said he expected the G-7 to commit to 1 billion doses in all.

“At the G-7 Summit I hope my fellow leaders will make similar pledges so that, together, we can vaccinate the world by the end of next year and build back better from coronavirus,” Johnson said in a statement, referencing a slogan that he and Biden have both used.

German Chancellor Angela Merkel said she hoped the summit would show the world “we’re not just thinking of ourselves,” while French President Emmanuel Macron welcomed the U.S. Commitment and said Europe should do the same. He said France would share at least 30 million doses globally by year’s end; Germany is also planning on donating that amount.

The U.S. Commitment is to buy and donate 500 million Pfizer doses for distribution through the global COVAX alliance to 92 lower-income countries and the African Union, bringing the first steady supply of mRNA vaccine to the countries that need it most.

Biden said the US-manufactured doses will be shipped starting in August, with the goal of distributing 200 million by the end of the year. The remaining 300 million doses would be shipped in the first half of 2022. A price tag for the doses was not released, but the U.S. Is now set to be COVAX’s largest vaccine donor in addition to its single largest funder with a $4 billion commitment.

Humanitarian workers welcomed the donation — but said the world needs more doses and they were hoping they would arrive sooner. Grand statements and promises need to be met with detailed plans backed by timelines for delivery, starting immediately.

“If we have a stop-start supply or if we store all the supply up for the end of the year, it’s very hard for low-income countries with quite fragile health care systems to then really be able to get those vaccines off the tarmac and into the arms of health care workers,” said Lily Caprani, the head of COVID-19 vaccine advocacy at UNICEF. “We want a coordinated, time-bound, ambitious commitment starting from June and charting the course for the rest of the year.”

The global COVAX alliance has faced a slow start to its vaccination campaign, as richer nations have locked up billions of doses through contracts directly with drug manufacturers. The alliance has distributed just 81 million doses globally and parts of the world, particularly in Africa, remain vaccine deserts.

So far, among the G-7 countries, only France has begun shipping vaccines through COVAX, according one of the initiative’s leaders, vaccine alliance Gavi. France has delivered a total of 628,800 doses to seven African countries — with Senegal, a former French colony, receiving about 30% of that total.

Biden said Thursday that some of the 80 million doses the U.S. Had previously committed to donating — some of them outside of COVAX — were already shipping. The U.S. Has also given a few million vaccines to neighbors Mexico and Canada.

White House officials said the ramped-up distribution program fits a theme Biden plans to hit frequently during his week in Europe: that Western democracies, and not authoritarian states, can deliver the most good for the world.

China and Russia have shared their domestically produced vaccines with some needy countries, often with hidden strings attached. US national security adviser Jake Sullivan said Biden “does want to show — rallying the rest of the world’s democracies — that democracies are the countries that can best deliver solutions for people everywhere.”

AP 

Tags: CoronavirusCovidG-7vaccine
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