Wednesday, 22 May, 2024

Global summit pledges $3B in new Covid funding

US President Biden tells virtual summit that pandemic is not over yet as US reaches grim milestone of over million deaths with Congress so far refusing to authorise billions of dollars in emergency Covid money.

Biden acknowledges the impact of Covid deaths on families left behind and urges Americans not to “grow numb to such sorrow.” (AFP)

US President Joe Biden has warned nations attending a virtual global summit on Covid-19 that there was "still so much left to do" to quell the pandemic, as more than $3 billion in new funding was pledged.

The veteran Democrat may however be at pains to spearhead ambitious plans to vaccinate the world and stop the spread of the coronavirus, as Congress has so far refused to authorise billions of dollars in funding.

The United States crossed a grim milestone as the summit began on Thursday, with the White House announcing that more than one million Americans have now died due to Covid-19 – the pandemic's highest recorded death toll in the world.

In his remarks at the summit, Biden said that while progress had been made on global vaccinations and delivering medical equipment to countries in need, "there's still so much left to do. This pandemic isn't over."

"We all must do more. We must honour those we have lost by doing everything we can to prevent as many deaths as possible," the US leader said.

READ MORE:Europe, America mark 3M deaths from Covid-19 in grim milestone

'Pandemic is not over'

The White House announced that the summit had "garnered new financial commitments totalling more than $3 billion in new funding … above and beyond pledges made to date in 2022."

More than $2 billion of that total will go towards "immediate" Covid-19 response, while $962 million has been committed to a World Bank fund for pandemic preparedness and global health security.

The United States pledged another $200 million to that fund, raising its contribution to $450 million.

"And we’re increasing our support for a new Pandemic Preparedness and Global Health Security fund that will be established at the World Bank this summer with $450 million in seed funding." US president said.

"We want to prevent complacency. The pandemic is not over," a senior US official said of Thursday's meeting, which follows a first global huddle last September.

So far, the worldwide Covid-19 death toll stands at more than six million people.

The virtual gathering was co-chaired by the United States, along with current G7 president Germany, G20 president Indonesia, African Union chair Senegal, and Belize, the current chair of the CARICOM Caribbean grouping.

READ MORE:US cathedral bells toll 1,000 times for 1M Covid deaths

'Loud call' to Congress

Unlike last September, when Biden challenged partners to surge vaccines worldwide and get 70 percent of every country vaccinated by September of this year, the US government came to Thursday's session hobbled by an inability to secure even its own funding.

Biden has requested another $22.5 billion in emergency Covid money, including $5 billion for the administration's signature international program, which has seen some 500 million vaccine doses shipped to more than 100 countries.

After debate, a preliminary agreement was reached in the legislature on spending just $10 billion, with nothing for the foreign vaccines.

"You will hear a loud call" to Congress, the US official said. "We know the virus is not waiting for Congress. So we need urgent, urgent action."

Opponents in Congress have been especially concerned about funding foreign vaccinations, but the senior official argued that when a new virus variant strikes, it is likely to start abroad before hitting the United States.

"Without additional emergency Covid-19 funding, the United States will be unable to purchase additional life-saving treatments for the American people," the official said.

"The United States will be less able to stop the spread of dangerous new variants worldwide, and the United States will be unable to keep vaccinating the world against Covid-19."

READ MORE:WHO triples Covid death toll estimate to up to 15M in last two years

US reporting over 80,000 confirmed cases a day

The United States is still in a pandemic state and continues to reckon with an ever-evolving coronavirus despite making strides over the past two years, White House Covid-19 response coordinator Ashish Jha has said.

"We have over 80,000 infections happening a day, hundreds of people are still dying every day. We still have a whole host of challenges," Jha said when asked if the government should extend the public health emergency.

Health officials are planning for a scenario in which Congress fails to approve President Biden's request for additional funds by going through old contracts to see if there is any money they could "claw back," Jha said.

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