On 30 September, there will be a high-level side event on the ACT-Accelerator. Here is what you need to know.
Firstly, what is the ACT-Accelerator?
The Access to COVID-19 Tools (ACT) Accelerator was launched in April 2020 to fast-track the development, production, and equitable distribution of COVID-19 tests, treatments and vaccines.
The global collaboration brings together public and private sectors – governments, businesses, scientists, global health organizations and philanthropists – working to find a common solution as a global public good. It draws on the experience of leading global health organizations that are tackling the world’s toughest health challenges.
Why do we need it?
In short and uncomplicated terms, it is our global solution to the COVID crisis and a way to ensure that no one gets left behind.
What do we need to get there?
The Accelerator has received $3 billion – seed funding for the start-up phase. It needs $35 billion more to go from “start-up” to “scale up and impact,” said UN Secretary-General António Guterres recently – to produce 2 billion vaccine doses, 245 million treatments and 500 million tests. $15 billion of that is needed now to advance its work immediately.
More information on the ACT-Accelerator is available here. The event will take place from 8:30 a.m. to 10 a.m. EST on 30 September and can be viewed live on UN Web TV.