COVAX Initiative

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    In News 

    •  Recently, the Union Health Minister announced to resume the export of COVID-19 vaccines under ‘Vaccine Maitri’ in order to fulfil the commitment towards COVAX.

    About COVAX Initiative

    • It is co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), the Global Alliance for Vaccines and Immunisation (GAVI) and the World Health Organisation (WHO).
    • Aim: To accelerate the development and manufacture of Covid-19 vaccines and to guarantee fair and equitable access for every country in the world.
    • COVAX is the vaccines pillar of the Access to Covid-19 Tools (ACT) Accelerator.
      • The ACT Accelerator is a global collaboration to accelerate the development, production, and equitable access to Covid-19 tests, treatments, and vaccines.
    • Features:
      • Diverse and actively managed portfolio of vaccines.
      • End the acute phase of the pandemic.
      • Rebuild economies.
    • Significance:
      • It will reduce the loss of life and help to get the pandemic under control.
      • Global equitable access to a vaccine, mainly protecting health care workers and those most at risk is the only way to mitigate the public health and economic impacts.

    ‘Vaccine Maitri’

    • It is an initiative by the Ministry of External Affairs.
    • This is a humanitarian initiative taken by the government of India to supply the COVID-19 vaccine to foreign countries.
    • It has strengthened India’s image as the first responder in emergency situations.

     

    Source: TH