World

ADB allocates more that US$20mil for Covid-19 vaccines

Bank says funds will be available for developing members to access, introduce, deploy, deliver, and monitor vaccines 

Updated 5 years ago · Published on 17 Nov 2020 8:00PM

ADB allocates more that US$20mil for Covid-19 vaccines
ADB Sustainable Development and Climate Change department, director-general  Woochong Um says ensuring access to a safe, effective, and equitable vaccine is the next frontier in the fight against this virus. – Wikipedia pic, November 17, 2020

MANILA – The Asian Development Bank (ADB) said on Tuesday that it had allocated US$20.3 million (RM83.31 million) in technical assistance to help its developing members access vaccines for Covid-19 and establish systems to enable equitable and efficient vaccine distribution.

The Manila-based bank said the funds will be available for ADB developing members to support vaccine-related health system assessments and the development of country readiness plans to strengthen the capacity to access, introduce, deploy, deliver, and monitor vaccines safely and effectively.

The ADB said the funds will help members assess and strengthen vaccine cold chain and logistics, infection control, supply and skills of health workers, risk communications, and real-time data capturing and monitoring.

It added that technical assistance will also support the identification and promotion of innovative cold chain and vaccine tracking technologies.

Woochong Um, the director-general of ADB’s Sustainable Development and Climate Change Department, said Asia and the Pacific “has largely done well to limit the spread of Covid-19.”

“Ensuring access to a safe, effective, and equitable vaccine is the next frontier in the fight against this virus,” he said.

With these additional grant resources, he said the ADB can immediately support its developing members “to undertake urgent actions, including vaccine system assessments and vaccine deployment strategies, to ensure vaccines are delivered efficiently and fairly.”

ADB expects to implement technical assistance with its partners the United Nations Children's Fund  (UNICEF) and the World Health Organisation (WHO), in coordination with COVAX, Gavi, the World Bank and bilateral agencies among others.

ADB approved a US$20 billion expanded assistance package in April to support its developing members’ Covid-19 response. – Bernama, November 17, 2020

Related News

Malaysia / 7mth

Leaders, high-profile individuals world over hide 'dirty money', assets in West Asia

Malaysia / 9mth

Ringgit hits RM4.16 against US dollar, emerging as Asia's best-performing currency - Anwar

Food / 11mth

Penang tops the list as best street food destination in Asia

Health / 11mth

BM Hospital gets gold award for most sustainable hospital in Asia

Malaysia / 2y

Covid patients no longer need to quarantine at home, says Health Ministry

World / 3y

Asia heatwaves made 30 times more likely by climate change: study

Spotlight

Malaysia

Private university CFO charged over alleged RM6.56m CBT

World

Unleashed 60kg dog in Hong Kong mauls poodle, bichon frise to death (video)

Malaysia

Three family members killed after Immigration truck runs red light

Malaysia

Woman, believed to be foreigner, allegedly causes disturbance at KLIA (video)

Opinion

Has DAP chosen the path to a slow death?

Malaysia

Three years of bullying at school puts 15-year-old at risk of hearing loss

By Alfian Z.M. Tahir

Malaysia

Police officer's wife cries, pleads for leniency after misusing disabled child's account

Malaysia

Organised cybergroups likely behind rise in racial hate on social media

You may be interested

World

US threatens ‘toughest sanctions in history’ on Iran

World

Fei-Fei Li warns US AI backlash could undermine global leadership and innovation

World

Former Singapore president now thinks twice about patting children after Roxy Square incident

World

Trump threatens ‘tremendous’ economic consequences for countries giving Iran a lifeline

World

China expands Philippine sea presence as Japan-Philippines maritime ties deepen

World

South Korea estimates North Korea has up to 120 nuclear weapons

World

UAE suspends all trade with Iran after renewed missile fire, deepening Tehran’s isolation

World

Sydney Airport faces fourth air traffic control incident in a month