There was good news for lower-income countries when international donors on 2 June pledged $2.4bn for the purchase of COVID-19 vaccines through the global COVAX initiative. This brings to $9.6bn the total raised for the COVAX Advance Market Commitment since it was launched a year ago.
The COVAX AMC, the funding mechanism for the COVAX Facility, had already secured 1.3 billion doses of vaccine through donor pledges
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