The forum, an annual meeting of heads of state and government with
civil society organisations and charitable foundations, said the
funds would come from those participating in the ACT-Accelerator
initiative, an program designed to ensure global access to COVID-19
tests, therapeutics and vaccines.
ACT-Accelerator has been launched and supported by the World Health
Organisation, the Bill and Melinda Gates Foundation, the Wellcome
Trust, the European Union, France, Germany and other states and
organisations.
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France and Spain will be making commitments of 100 million euros and
50 million euros, respectively, while the UK government will
contribute one additional British pound for each $4 announced,
organisers said.
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Another 100 million euros will come from the European Commission, while the
Gates Foundation will also announce an important commitment during the
discussion.
The ACT-Accelerator was launched in April to speed up research and development
for the new disease.
(Reporting by GV De Clercq; Editing by Aurora Ellis)
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