Vaccine inequality is costing tens of billions in lost output
CNN
Vaccine inequity is undermining a "truly global economic recovery" from Covid-19, according to data released Thursday by the United Nations Development Program (UNDP), the World Health Organization (WHO) and the University of Oxford.
The organizations said vaccine inequity would have a "lasting and profound impact" on the recovery in low and lower-middle income countries unless urgent action is taken to ensure every country had sufficient supplies and adequate access. "At a time when richer countries have paid trillions in stimulus to prop up flagging economies, now is the moment to ensure vaccine doses are shared quickly, all barriers to increasing vaccine manufacturing are removed and financing support is secured so vaccines are distributed equitably and a truly global economic recovery can take place," they said in a statement.
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