The COVAX Facility aims, by the end of 2021, to deliver at least 2 billion doses of safe, effective and quality-assured vaccines to all participating countries, including at least 1.3 billion doses to the 92 AMC-eligible countries and economies, at the same time as wealthier nations.
The compensation programme will offer eligible individuals a fast, fair, robust and transparent process to receive compensation for rare but serious adverse events associated with COVID-19 vaccines earmarked for delivery through the COVAX Facility for use in AMC-eligible countries and economies until 30 June 2023 (as opposed to 30 June 2022 indicated in the original press release).
The Gavi-administered COVAX Facility forms a key part of the COVAX pillar (COVAX) of the Access to COVID-19 Tools (ACT) Accelerator, a ground-breaking global collaboration to accelerate the development, production, and equitable access to COVID-19 tests, treatments, and vaccines.
COVAX is co-led by Gavi, the Coalition for Epidemic Preparedness Innovations (CEPI) and WHO, working in partnership with developed and developing country vaccine manufacturers.