As “Team Europe”, the EU, EU Member States and European financial institutions are leading the multilateral response to make sure that no one is left behind
Overall, the Team Europe global response to the COVID-19 pandemic amounts to €46 billion to address the health emergency, strengthen key health, water and sanitation systems, and support socio-economic recovery
The EU’s Civil Protection Mechanism has coordinated and co-financed the delivery of over 23 million items of personal protective equipment (PPE) and medical equipment to over 30 countries, as well as 32 million vaccine doses to 40 countries
Team Europe announced €1 billion initiative in May 2021 to ramp up health technologies and mRNA and medicine production capacities in Africa
The European Commission has also worked with industrial partners, which are manufacturing vaccines in Europe, to quickly make vaccine doses available for low- and middle-income countries
Team Europe is the leading donor of the Humanitarian Buffer under COVAX, with US$25 million
COVAX and Vaccine-Sharing
COVAX is a global solution to ensure everyone in all corners of the world can get access to COVID-19 vaccines, regardless of their wealth.
COVAX includes a mechanism that helps secure access to fully-funded doses for 92 lower- and middle-income economies. Team Europe is one of its leading contributors with over €3 billion pledged so far.
By early February 2022, EU Member States have shared more than 408 million
doses for donation to countries around the world, exceeding the vaccine-sharing target
COVID-19 VACCINE EXPORTS FROM THE EU TO THE REST OF THE WORLD
