COVAX Initiative

In News 

  •  Recently, the Union Health Minister announced to resume the export of COVID-19 vaccines under ‘Vaccine Maitri’ in order to fulfil the commitment towards COVAX.

About COVAX Initiative

  • It is co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), the Global Alliance for Vaccines and Immunisation (GAVI) and the World Health Organisation (WHO).
  • Aim: To accelerate the development and manufacture of Covid-19 vaccines and to guarantee fair and equitable access for every country in the world.
  • COVAX is the vaccines pillar of the Access to Covid-19 Tools (ACT) Accelerator.
    • The ACT Accelerator is a global collaboration to accelerate the development, production, and equitable access to Covid-19 tests, treatments, and vaccines.
  • Features:
    • Diverse and actively managed portfolio of vaccines.
    • End the acute phase of the pandemic.
    • Rebuild economies.
  • Significance:
    • It will reduce the loss of life and help to get the pandemic under control.
    • Global equitable access to a vaccine, mainly protecting health care workers and those most at risk is the only way to mitigate the public health and economic impacts.

‘Vaccine Maitri’

  • It is an initiative by the Ministry of External Affairs.
  • This is a humanitarian initiative taken by the government of India to supply the COVID-19 vaccine to foreign countries.
  • It has strengthened India’s image as the first responder in emergency situations.

 

Source: TH

 
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