The European Commission says it will contribute to an initiative led by the World Health Organization to buy Covid-19 vaccines.
The Commission, announcing that it would provide 400 million euros in guarantees, did not clarify whether EU states would acquire shots through the WHO scheme.
“Germany has joined the COVAX facility today,” WHO director-general Tedros Adhanom Gheybreyesus told a news conference in Geneva without elaborating the terms.
“And also we’re negotiating with the rest of EU members. One possibility we are checking is for the EU members to join as a bloc. I think the best way to end this pandemic is through solidarity, through cooperation, through oneness,” Tedros added.
The COVAX initiative aims to purchase for all countries in the world 2 billion doses of potential Covid-19 shots from several vaccine makers by the end of 2021.
New Zealand would be able join vaccine initiatives such as the COVAX one under its new fund, Minister of research, science and innovation Megan Woods said last week.
The EU financial support will be provided through guarantees, the Commission said. A spokeswoman for the EU executive did not clarify how these guarantees would be offered and why they were preferred to direct funding in cash.