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G7 vaccine largesse all hinges on timing, says Covax

Leaders of G7 countries gather in Cornwall. The US has announced plans to purchase 500m shots for Covax, while the UK has pledged 100m. Other nations are expected to make similar announcements - Leon Neal/AP
Leaders of G7 countries gather in Cornwall. The US has announced plans to purchase 500m shots for Covax, while the UK has pledged 100m. Other nations are expected to make similar announcements - Leon Neal/AP

What to make of the new pledges from the UK, US, Canada and others to donate hundreds of millions of spare vaccine doses to the developing world?

Covax, the body co-ordinating the initiative, says it is optimistic about the medium to long term but warns the crisis over supply is now.

It calculates it will have vaccinated 20 per cent of the population in 92 developing countries by “early 2022” – but only if large quantities of the promised doses start arriving soon.

“Right now it’s all about supply,” said a spokesman close to Covax. “What’s important is we see a focus on getting pledges realised sooner rather than later.”

On Friday, the US President Joe Biden promised to purchase 500m doses of the Pfizer-BioNTech vaccine for the Covax distribution scheme.

It’s the first major pledge of vaccines for the international effort from the world’s biggest producer which, until now, has allowed its strategic rival China to dominate international exports.

“The United States is providing these half billion doses with no strings attached – no strings attached,” said Mr Biden in a clear signal that the US was at long last entering the great vaccine diplomacy game.

Where the US leads others tend to follow. In total, the G7 is expected to promise one billion shots this weekend. The UK – which is currently facing supply problems of its own – announced it would share 100m doses with the rest of the world over the next 12 months.

Canada is expected to make a similar pledge and others including France, Germany, Italy and Spain have all promised to share stocks.

But while the headline numbers sound impressive, vaccine exports from China – which currently account for more than the rest of the world combined, at more than 323m – still dominate.

And the small print on the western pledges may not bode well for bridging the gap in Covax’s short term supply. The UK will only donate 25m doses before Christmas and, while US exports will start in August, only 200m of its shots will arrive with Covax this year.

As things stand today, more people have been vaccinated in Cornwall than in the world’s 22 poorest nations combined.

“What the world needs is vaccines now, not later this year,” says Alex Harris, director of government relations at Wellcome. “The new US and UK commitments are a step in the right direction, but they don’t go far enough, fast enough.”

Covax has so far distributed 82m vaccine shots to 129 countries and still hopes to hit the 1.3 billion mark by the year end. It has enough funding and its own supply agreements in place – many of which will come on stream in the third and fourth quarters of the year – but is facing a shortfall of 190m vaccines by the end of June because of supply constraints.

The scheme has been hard hit by India’s vaccine export bans, as the Serum Institute of India (SII) had been set to provide two-thirds of supply in the first half of this year. That delay has hit Africa hard, which was set to get almost all its shots from SII.

The World Health Organization’s Africa office warned this week that 90 per cent of countries across the continent are set to miss targets to vaccinate 10 per cent of their population by September. Africa alone – where cases rose by 25 per cent last week – would need 225m shots to fill the gap.

“We’re creating a ‘variant rave’ by delaying vaccinations, even as we see the surge in Africa,” says Dr Ayoade Alakija, co-chair of the Africa Union Vaccine Delivery Alliance. “The G7 needs to go further in their ambition and further in their scope. Low and middle income countries need vaccines now, not in three months, not next year.

According to Joanna Rea, head of advocacy at Unicef UK, recent analysis suggests G7 countries “could commit to sharing 20 per cent of available doses between June and August without having a significant disruption on domestic rollout efforts.”

This would be equivalent to 54m shots from America, and 14m from the UK. Collectively, it would mean 153m doses could be available from G7 countries now, which would help stem the substantial shortfall curtaining Covax.

On Friday, Airfinity – which tracks vaccine production and supply worldwide – added that the 1bn shots set to be promised from G7 countries would increase currently available supply to low and lower middle income countries by almost 50 per cent.

“However, this addition is still not sufficient to provide these countries with enough doses to fully vaccinate 75 per cent of their populations, potentially leaving them vulnerable and requiring additional doses from elsewhere,” the firm added.

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