EU Promises Increased Global Vaccine Contributions

According to EU Ambassador to the Philippines Luc Véron, the European Union, its member states, and financial institutions will continue to increase their contributions to the worldwide fight against the COVID-19 epidemic.

Since December 2020, the EU has sold 700 million vaccinations to over 130 poor and middle-income countries, accounting for about half of their total production, and the Philippines is one of the top ten recipients of the COVAX.

COVAX, a global project to ensure equal access to COVID-19 vaccines, intends to vaccinate 20% of Filipinos or 22 million people.

Véron emphasized that the EU and its Member States are on pace to give hundreds of millions of COVID-19 vaccine doses to nations in need by the end of 2021, mostly through COVAX.

With nearly €3 billion donated to date, the EU and its Member States are the largest contributors to the COVAX facility and the world’s main provider of vaccinations.

However, the EU envoy stressed the importance of global cooperation in combating the COVID-19 pandemic, ensuring early access to vaccinations, diagnostics, and therapies worldwide, and launching a long-term global recovery.

He stated that the EU is completely committed to this goal and has been leading the multilateral response to the pandemic.

Simultaneously with the global reaction to COVID-19, Véron stated that the EU must predict and combat additional virus variants, as well as fast develop and deliver large-scale effective vaccinations against those variants.