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European Commission pledges €260 million to Gavi for 2026–2027 and over €200 million in additional humanitarian aid

European Commission29 Sep 2024(Source:  European Union)The European Commission announced a new funding pledge on 28 September of €260 million to Gavi, the Vaccine Alliance, for the years 2026–2027. The funds will contribute to Gavi's goal for 2030 to help protect 500 million children around the world, strengthen immunisation systems, and boost global health security by increasing readiness to respond to disease outbreaks.President of the European Commission Ursula von der Leyen said: 'A healthier world is a better world. And vaccination is one of our best chances for this. Right now, millions of children are still at risk. We must continue to support vaccination around the world to save lives. So today I am proud to pledge 260 million euros for Gavi, the Vaccine Alliance. And more will come.'Chair of the Board of Gavi, José Manuel Barroso, said: 'Immunisation is a cornerstone of health security and vital to global equity. We deeply appreciate the EU's leadership, its partnership with Gavi supported countries matching their investment in vaccine costs, and enhanced commitment to Gavi’s mission which contributes to a safer, healthier world for all.'In 2020, the EU pledged Gavi €300 million for the period 2021–2025. This pledge of €260 million concerns the first 2 years of Gavi's next strategic cycle which coincide with the last 2 years of the EU's current Multiannual Financial Framework (MFF) 2021–2027. The Commission will remain committed to a high level of ambition in supporting GAVI when designing its proposal for the next MFF. This will complement strong support to Gavi from EU Member States in a Team Europe approach.President von der Leyen also pledged €213 million in additional humanitarian aid for Africa, the Afghanistan crisis, Palestinians and Venezuela. The funding – currently subject to the approval of the Budgetary Authority – will contribute also to the fight against food insecurity in these regions. Of this total amount, €69 million will be allocated to Sudan and its neighbouring countries, in response to the dire humanitarian consequences of the Sudan war.Gavi, the Vaccine Alliance is the recipient of the 5th Sunhak Peace Prize.For more detailed information about Gavi, please refer to the link below.↓↓↓Gavi, The Vaccine Alliance