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Business News/ News / World/  Wealthy nations’ vaccine spree obscures global pandemic misery
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Wealthy nations’ vaccine spree obscures global pandemic misery

Suppressing the virus that’s advancing in India and beyond depends on persuading rich nations to share excess doses and help close a $19 billion funding gap

A medic prepares to administer a dose of an AstraZeneca COVID-19 vaccine (AP)Premium
A medic prepares to administer a dose of an AstraZeneca COVID-19 vaccine (AP)

Mass vaccinations, falling case counts and waning coronavirus deaths in a few wealthy countries threaten to obscure ongoing worldwide suffering from the pandemic that’s likely to last for months, and perhaps years, to come.

That’s Carl Bildt’s worry as the new special envoy to the World Health Organization-backed effort set up last year to dispatch vaccines and other weapons against Covid-19. Suppressing the virus that’s advancing in India and beyond depends on persuading rich nations to share excess doses and help close a $19 billion funding gap, Bildt said in an interview.

An independent review of the international Covid-19 response echoed Bildt’s concerns Wednesday, calling for Group of Seven countries to commit 60% of the money needed this year. The report urged high-income nations to provide more than 2 billion doses to poorer regions by the middle of 2022.

“The risk is that if people in the U.K., EU or U.S. think the worst is over, the attention will shift," he said. “The worst isn’t over."

No stranger to high-stakes diplomatic efforts, Bildt was co-chair of the 1995 Dayton peace talks that ended the war in Bosnia. He earlier led Sweden as prime minister when the government negotiated its entry into the EU. Now he finds himself in the middle of an urgent campaign to galvanize support for the WHO’s Access to Covid-19 Tools Accelerator and push leaders to contribute more to the global fight.

For a few fortunate countries, optimism is on the rise. The U.S. is preparing to vaccinate middle- and high-school students, a relatively low-risk group, before the start of summer camps and the next school year. Covid deaths could drop to as low as 1,500 per week by June 5, according to a Centers for Disease Control and Prevention forecast; the weekly toll was more than 8,000 in mid-March.

The U.K. reported zero Covid deaths in its Tuesday update, and the government is clearing the way for people to hug and meet indoors at pubs and restaurants. Officials in Europe, including Germany’s health minister, also expressed hope for decreasing cases.

Inefficient, Inequitable

But as India grapples with a deadly surge among its population of 1.4 billion, worries are growing for many other spots all over the planet. Despite declines in the developed world, more than 600,000 new Covid cases are reported globally each day, as stubborn epidemics in countries like Colombia, Brazil and Malaysia burn on. Waiving patents on vaccines, a proposal the Biden administration supports, is promising but won’t address immediate needs for supply, said Ellen ‘t Hoen, director of Medicines Law & Policy, a research group based in the Netherlands.

“Anything that exists today should really go to places where the crisis is the most serious," she said. “Maybe vaccinating teenagers in California shouldn’t be the priority at this point."

Covax, the vaccine initiative that’s part of the ACT-Accelerator, has shipped just 60 million doses -- less than a quarter of the number already administered in the U.S. alone. In their report on the pandemic response, the independent experts recommended a review of the Accelerator, citing shortcomings in the effort to ensure global access to shots, drugs and other supplies.

More international coordination is required to fix the inefficiencies and inequities, according to Robert Yates, executive director of the Centre for Universal Health at Chatham House, a London-based think tank.

“We’re not in good shape here," Yates said. “Vaccines should be going to the countries and the age groups most in need, but that’s not happening."

Global health officials stress that everyone is vulnerable if the virus keeps advancing, increasing the risk of concerning variants and prolonging the pandemic. Getting health workers immunized in developing nations should be the focus, said Bildt, who was named to the post at the end of March.

“As long as this is a pandemic that is spreading like wildfire in parts of the world, we’re not safe," Bildt said.

Some wealthy countries have obtained far more vaccine than they need, and advocates say more should be shared. High-income countries have purchased almost 5 billion doses, middle-income nations have secured about 2.2 billion doses and poorer regions hold about 270 million, according to the Duke Global Health Innovation Center in Durham, North Carolina.

Paltry Donations

Many pledged donations have yet to be fulfilled and some are paltry in the face of the crisis. Sweden promised to donate 1 million doses of AstraZeneca Plc’s vaccine and France intends to share half a million by the middle of June. The U.S. plans to give away just 60 million Astra shots.

“Both Europeans and Americans have ordered, wisely so, quantities that are very substantially in excess of what they need immediately," Bildt said. “That means there is room to start to share when they get their situations more under control, and we’re approaching that now. The EU and U.S. have been talking about it. But we need to go from talking to actually doing it."

Bildt, Sweden’s prime minister from 1991 to 1994, emphasized the importance of sharing doses fairly through Covax. “Otherwise there is a risk of handing out to friends only, and that I don’t think would be helpful."

Economic Benefits

The former Balkans mediator also said he’s concerned about a lack of life-saving oxygen and some regions “flying blind" without sufficient access to testing. While the ACT-Accelerator has attracted more than $14 billion so far, led by the U.S., Germany and Britain, there’s a risk it won’t hit its fundraising goal this year, a shortfall that could extend the pandemic, he said.

More money will likely be required next year.

“The rich countries through the likes of the G-7 and G-20 must come up with this money," said Chatham House’s Yates. “That’s a no-brainer. By vaccinating the world we potentially save the economy trillions of dollars."

For 10 high-income countries -- including Canada, Germany, Japan, Qatar, South Korea, the U.K. and the U.S. -- investing the $19 billion required would produce more than $466 billion in economic benefits over five years, according to an ACT-Accelerator report last month.

“All governments are very much aware of the pandemic and aware of what’s happening in their own countries," Bildt said, “but is there sufficient attention to the global scale of it, and the ramifications for everyone of not getting it under control globally? We have substantial work ahead of us."

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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Published: 13 May 2021, 10:40 AM IST
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