European Commission raised billions of rupees to fight the epidemic

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European Commission raised 7.4 billion euros for vaccine development

About 40 countries have allocated millions to fight the epidemic. Photo: Focus

Participants at the International Online Donor Conference Global Response, sponsored by the World Health Organization and the European Commission, raised Euro 7.4 billion a day to develop a coronavirus virus vaccine and other pandemic control measures. According to the European Commission website, the amount collected has reached the original target of around 7.5 billion.

About 40 countries participated in the fundraising marathon. As the resource notes Deutsche WelleThe largest number of donations were made by Canada (780 million euros), Germany (525 million euros), France (500 million euros) and the United Kingdom (442 million euros). The European Commission has sent 1 billion euros. According to Ursula von der Leyen, president of the European Commission, the fundraising marathon will continue.

At the same time, the United States was not officially represented at the conference. According to news agencies, this fact increases the likelihood of competition in vaccine development. Nevertheless, many American philanthropists participated on the online stage, including singer Madonna, who promised to transfer nearly $ 1 billion to Global Response.

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Earlier, we wrote that AI calculated the main mistakes of Italy and America in the fight against COVID-19. According to the study, countries that have accelerated government intervention and taken strict public health measures in relation to quarantine and isolation are able to prevent the spread of the infection and speed up its development. Whereas in Italy and the USA, where authorities delayed introducing quarantine, the disease was far more difficult to prevent.

Experts also investigated the example of Singapore. The second wave of virus infection that this country faced after weakening quarantine corroborated the scientists’ findings: the incidence rate depends on restrictive measures.

Read: Working during an epidemic: how coronoviruses affect residents of different countries


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