Highlight

Team Europe

Overall, the EU global response to the COVID-19 pandemic amounts to €46 billion from ‘Team Europe’, a joint action involving the EU, its Member States and European financial institutions.

These funds are helping more than 130 partner countries

  • address the health emergency
  • strengthen their health systems
  • put in place water and sanitation measures
  • mitigate the socioeconomic consequences of the pandemic

Almost €10 billion are focused on strengthening key sectors to contain the crisis such as health, water and sanitation.

Global Health Summit

Global Health Summit At the Global Health Summit, G20 leaders committed to a series of actions to accelerate the end of the COVID-19 crisis everywhere and better prepare for future pandemics. The G20 underlined the importance of increased and diversified manufacturing and recognised the role of intellectual property in ensuring equity. The G20 clearly stressed the need to ensure equitable access to vaccines and to support low and middle-income countries.

Team Europe presented its concrete contributions to the summit, including its work with industrial partners, which are manufacturing vaccines in Europe, to rapidly make available vaccine doses for low and middle-income countries.

To boost manufacturing capacity in Africa and access to vaccines, medicines and health technologies, Team Europe launched a €1 billion initiative on 21 May. The EU is ready to explore possibilities to support the production and distribution of vaccines in Latin America and the Caribbean.

Pledging marathon

video call

In May 2020, the Commission launched the Coronavirus Global Response – a pledging marathon to mobilise funds for research and the development of tests, treatments and vaccines.

 

With the goal of strengthening health systems and global recovery, donors from around the world committed close to €16 billion, including €1.4 billion from the Commission.

Access to COVID-19 Tools (ACT) Accelerator

The World Health Organization, the EU and global health organisations launched in April 2020 the Access to COVID-19 Tools (ACT) Accelerator. The aim is to

  • accelerate development of COVID-19 vaccines, tests and treatments
  • ensure equitable global access to them
  • strengthen health systems

The ACT-Accelerator brings together governments, scientists, civil society, charities and global health organisations. €16.6 billion have been pledged so far to support its work.

COVAX

COVID-19 Vaccines Global Access (COVAX) is a global initiative aimed at equitable access to COVID-19 vaccines led by Gavi, the Vaccine Alliance, the World Health Organization and the Coalition for Epidemic Preparedness Innovations (CEPI), alongside UNICEF, a key delivery partner. It is the vaccine pillar of the ACT-Accelerator.

So far, €8.8 billion have been pledged in support of COVAX.

Close to €3.5 billion from the EU’s Team Europe is bringing us closer to COVAX’s objective to make available 1.2 billion doses for the lower income economies.

EU vaccine-sharing mechanism

woman in a laboratory

The EU vaccine-sharing mechanism allows 27 Member States to share EU purchased doses with third countries, including through COVAX.

 

By early February 2022, EU Member States have shared more than 408 million doses for donation to countries around the world, exceeding our vaccine-sharing target. The large majority, around 352 million doses, have been shared via COVAX.

In addition, EU Member States have delivered 56 million doses through bilateral donations – for instance to our neighbours in the Western Balkans.

At this point, close to 55% of the world population is vaccinated. A large part of the doses necessary for these vaccinations were exported or shared by Europe. And we will do more.

We will step up our effort to support Africa where vaccination is lower than in other parts of the world. Overall, Team Europe has committed to share 700 million doses by 2022. Our aim is to ensure that 70% of the world's population is vaccinated by mid-2022.

  • 70%of world population should be vaccinated by mid-2022
  • 700 million dosesare expected be donated by Team Europe by mid-2022

Vaccine exports

Throughout the pandemic, the EU has remained fair and open to the world. Since December 2020, over 1.8 billion vaccine doses have been exported to 165 countries. This represents close to two thirds of the vaccines produced in the EU.

Documents