Policy Update

UK is top CEPI donor with additional US$274 million for COVID-19 vaccine

The UK Prime Minister, Boris Johnson,  has committed an additional £210 million (US$274 million) in new funding for the Coalition for Epidemic Preparedness Innovations (CEPI) to support the search for a vaccine against the virus causing the coronavirus. CEPI have said they need an additional $2 billion from international governments to develop the crucial vaccine. This level of funding could be achieved if all G20 countries contributed $100 million. 

The new funding, announced at the G20 Leaders' Summit on the 26th March, makes the UK the biggest international donor to CEPI. To date, they have contributed £250 million (US$327 million). 

Press release – UK government