Global Citizen Mobilizes Over $1.5B in Cash Grants and $5.4B in Loans and Guarantees for a Total of $6.9B Pledged for COVID-19 Relief
'Global Goal: Unite for Our Future' mobilized over $6.9 billion to help the world’s most vulnerable.
Global Goal: Unite for Our Future mobilized more than $1.5 billion in new grants and $5.4 billion in loans and guarantees, for a total of $6.9 billion pledged to provide equitable access to COVID-19 tests, treatments, and vaccines, as well as support for the world’s poorest and most marginalized communities.
The campaign was launched in response to the COVID-19 pandemic and aims to get the world back on track to meet the United Nations’ Sustainable Development Goals (SDGs).
The monumental commitments secured through the Global Citizen campaign include:
$1.3 billion to address the health-related impact of the COVID-19 pandemic globally, including at least $389 million in support for the ACT Accelerator.
$236 million to address the broader effects of the pandemic on the world's most marginalized and disadvantaged communities.
$5.4 billion [€4.9 billion] in loans and guarantees, made available by the European Commission and the European Investment Bank, to support the world’s most fragile economies in recovering from COVID-19 and achieving the SDGs.
More than 250 million vaccine doses for the world's poorest countries.
Financial and political support from 41 government leaders — including all G7 member states, Economic Community of West African States (ECOWAS), the European Union (EU), the United Nations, and the African Union — to the ACT Accelerator; the equitable allocation of tests, treatments, and vaccines; and the global mechanism for a coordinated procurement of vaccines and universal access to affordable vaccination.
The COVID-19 pandemic is an enormous global crisis, with unprecedented health and economic impacts. This virus knows no borders, and the full impact on the world’s underserved communities and vulnerable populations is still yet to be known.
The Global Goal: Unite for Our Future campaign was a collective effort led by Global Citizens, the European Commission, world leaders, artists, corporate leaders, and philanthropists to inspire and make commitments for better health and stronger economies.
Combining policy and entertainment, the summit and concert aired in more than 180 countries, and streamed globally across Youtube, Facebook, and Twitter.
Commitment and announcements were made by governments: Bangladesh, Barbados, Belgium, Canada, Denmark, ECOWAS, European Union, El Salvador, Finland, France, Germany, Greece, Iceland, India, Israel, Italy, Japan, the Republic of Korea, Kuwait, Lithuania, Luxembourg, Malta, Mexico, Netherlands, New Zealand, Nigeria, Norway, Russian Federation, Saint Vincent and Grenadines, Saudi Arabia, Serbia, Singapore, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Switzerland, the State of Qatar, the United Arab Emirates, the United Kingdom, and the United States.
Commitments and announcements were also made by our corporate and philanthropic partners: Andrew and Nicola Forrest’s Minderoo Foundation, Citi, Colgate Palmolive, FIFA Foundation, Google, IHS Markit, Johnson & Johnson, Procter & Gamble, Reckitt Benckiser, Rockefeller Foundation, SAP, Serum Institute of India, Takeda, Verizon, Vodafone, and the Wallace Global Fund.
Global Goal: Unite for Our Future Called on Global Citizens to Protect Everyone, Everywhere
The COVID-19 pandemic has furthered the global conversation about inequities in health care and access to it worldwide. It has led the world to look at what it will take to truly achieve good health and well-being for all. To ensure that no future pandemic causes the same devastation that COVID-19 has, we must strengthen structural, systemic, and economic resilience in the poorest countries.
This year, Global Citizens have taken almost 800,000 actions to fight coronavirus and protect the most vulnerable people from its impact. Global Goal: Unite for Our Future called on Global Citizens to use their collective voice to drive change by tackling the enormous injustices in our world.
The campaign culminated in a unifying concert. It was a show about the world, for the world.
Commitments made during the Global Goal Unite: for Our Future Summit will be directed to the urgent and unprecedented work currently taking place to produce and equitably distribute therapies, testing, and a vaccine to eradicate COVID-19.
The World Unites in Support of the Act Accelerator and the Network of International Response, Relief, and Support Organizations
Global Goal: Unite for Our Future mobilized more than $1.5 billion in new grants and $5.4 billion in loans and guarantees for a total of $6.9 billion pledged to help the world's poorest communities respond to COVID-19.
Out of the $1.5 billion mobilized to address the health-related impact of the COVID-19 pandemic, $389 million will go in direct support to the core ACT Accelerator activities. The ACT Accelerator has brought together all the key organizations aiming to develop essential health products and ensure they are distributed equitably through rapid and ambitious action to develop, test, bring to market, procure, and distribute new diagnostics, drugs, and technologies, as well as taking steps to help ensure health systems can deliver these tools to the people who need them.
The organizations working as part of the ACT Accelerator team include:
The Coalition for Epidemic Preparedness and Innovations (CEPI) is coordinating and funding the development of nine vaccine candidates in labs around the world.
Gavi, the Vaccine Alliance, which has already protected a generation of children from disease, and is now leading the global effort to ensure everyone, everywhere has access to the eventual COVID-19 vaccine.
The Foundation for Innovative New Diagnostics (FIND) is leading efforts to accelerate development and access to diagnostics as part of the global response to the COVID-19 pandemic.
The WHO’s COVID-19 Solidarity Response Fund is leading and coordinating the global response to COVID-19, helping all countries prevent, detect, and respond, especially where needs are greatest.
The Therapeutics Accelerator is coordinating critical research and development efforts, removing barriers to drug development, and scaling up treatments to address the pandemic.
The Global Fund to Fight AIDS, Tuberculosis, and Malaria is working to pool funds to lower the cost of, and signal demand for, the diagnostics and therapeutics developed for COVID-19.
UNITAID, a global health initiative working to bring about innovations to prevent, diagnose, and treat major diseases in low- and middle-income countries, with an emphasis on tuberculosis (TB), malaria, and HIV/AIDS and its deadly co-infection.
We can always count on @DrTedros from @WHO to have our back and show us "the spirit of solidarity." Thank you for joining us and the @EU_Commission in the fight to make COVID-19 care affordable and accessible to all ⭕ https://t.co/AQFKWGWXjE#GlobalGoalUnitepic.twitter.com/o5RioqvYmq— Global Citizen (@GlblCtzn) June 27, 2020
In addition to supporting health-related responses to this pandemic, the Global Goal: Unite for Our Future campaign has also mobilized $236 million to address the broader effects of the pandemic on the world's most marginalized and disadvantaged communities.
The work of campaign beneficiaries — such as Education Cannot Wait, the World Food Programme, UNICEF, the Sanitation and Hygiene Fund, the United Nations Population Fund (UNFPA), and others will provide aid to global education, food and nutrition, economic development, and more.
Additionally, Global Citizen helped mobilize funds for organizations working to end racial inequality. Over $13 million was mobalized for Local Initiatives Support Corporation and the Equal Justice Initiative, which tackle issues ranging from mass incarceration and wrongful conviction, to structural inequity and minority support.
More Than 250 Million Vaccines Promised for Low- and Middle-Income Countries
Time is of the essence and vaccines typically take around six to eight years to develop. Developing a COVID-19 vaccine within 18 months will require major support for numerous labs and scientists working in partnership around the world.
There are currently more than 220 vaccine candidates in development and many will fail.
By supporting the ACT Accelerator, the global community is reinforcing the vaccine pillar’s role in making sure the most promising vaccines are developed as rapidly as possible, manufactured at the right volumes without compromising on safety, and delivered to those that need them most.
As part of those efforts, the Serum Institute of India (SII) has committed 50% of their COVID-19 vaccine production capacity to low- and middle- income countries. The pledge will ensure more than 250 million doses of a vaccine will be reserved for the world's most vulnerables nations. And the Developing Countries’ Vaccine Manufacturers Network, an industry spread over Latin America, Africa, the Middle East, and Asia, has “dedicated [its] production capacity of billions of doses of COVID vaccines, when available, to all countries, including those served by Gavi, the Vaccine Alliance.”
40 Governments and Key International Intergovernmental Forums Committed to Global COVID-19 Relief
All G7 member states, the EU, the UN, the African Union, ECOWAS, and the majority of G20 member states expressed support for the ACT Accelerator and equitable allocation of vaccines, by cooperating to ensure critical measures are taken to combat COVID-19 to leave no one behind.
“Vaccines, tests, and medicines must be available, affordable, and accessible to all people around the world. We have already made good progress, but we have not yet reached this goal,” German Chancellor Angela Merkel said.
By working together with a clear plan to protect the world's most vulnerable communities, international cooperation will ensure treatments, vaccines, and diagnostics are shared equitably to everyone, everywhere with access to the necessary economic, educational, and basic resources they need.
“Someday, when the COVID-19 is behind us, we would like it to be said that we, the nations of the world and people of this world, stood together to defeat he coronavirus — where there is unity there is always victory,” Cyril Ramaposa, president of South Africa and chair of the African Union, said.
Saudi Arabia’s Minister of Health Tawfiq Al-Rabiah also supported the campaign.
“This event highlights the critical importance of ensuring that everyone, everyone in the world has access to covid19 test, treatments and therapeutics,” Al-Rabiah said.
Global Citizen welcomes the steps taken by 41 global governments that showcase leadership and solidarity.
‘We will overcome this crisis together, and we will recover better for a healthier, fairer, and more sustainable world,” Giuseppe Conte, prime minister of Italy, said.
Prime Minister of the Republic of Korea Chung Sye-kyun added that “the Korean Government believes that international solidarity and cooperation is the best way to overcome the pandemic.”
Countries working together can lead to collective solutions that work to tackle humanity’s greatest challenges.
“More than ever, we need the WHO, global unity, and partnerships like the one between the European Commission and Global Citizen to ensure that new COVID-19 diagnostics, therapeutics, and people’s vaccines are safe, effective, and affordable,” UN Secretary-General António Guterres said. “Most importantly, they need to be fully funded and immediately accessible to all.”
Global Goal: Unite for Our Future showcased the overwhelming results of international cooperation, as world leaders united to protect the world's most vulnerable people from COVID-19.
“This pandemic threatens every one of us,” UK Prime Minister Boris Johnson said. “Defeating it is the most important shared endeavor of our times, and when we do so, it will not be a victory for one nation — but a triumph for all humanity.”
While the financial commitments are important in addressing immediate and short-term needs, this campaign has helped raise awareness of the importance of long-term funding, leadership by global corporations, and multilateralism.
The scope of aid needed to mitigate the global impacts of COVID-19 are unprecedented.
Strong political commitments made by world leaders are critical to ensuring further investments in addressing the human and economic impact of the COVID-19. Effective policies will also help nations, communities, and global systems recover in a way that is inclusive and equitable.
Global Goal: Unite for Our Future called on global leaders to announce policy commitments to protect communities, build resilience and strengthen health systems, and to prevent future pandemics.
In the spirit of collaboration and solidarity, government leaders showed their support for Global Goal: Unite for Our Future by pledging new grants and policy commitments.
The below funding commitments and announcements were mobilized with the help of our corporate, philanthropic, and organizational partners to whom we are grateful for their support.
International cooperation is the first step in ensuring the protection of the world's citizens.
Global Goal: Unite for Our Future has mobilized new grants and critical political support to develop tests, treatments, and a vaccine for COVID-19; to ensure global health systems are strong enough to support everyone, everywhere; and mitigate the impact of COVID-19 on the achievement of the SDGs, thus helping the poorest communities build back better.
One of the key focuses of this campaign was support to the work of the ACT Accelerator, which has created a global plan to develop and equitably distribute tests, treatments, and vaccines. On Friday, the ACT Accelerator released a fast, fair, and effective plan aimed at bringing the world together to address the shared objective of ending the pandemic for everyone.
This plan will ultimately cost $31.3 billion, a gap that is required to be funded in the next 12 months to ensure that these tools are developed and distributed to those in need, and that no country is left behind.
The total cost of the work planned by the ACT Accelerator’s partners is less than what the global economy is losing each month.
The COVID-19 response must be global.
The support shown by 40 governments, all G7 member states, the EU, the UN, the ECOWAS, and the majority of G20 states illustrates that key stakeholders are ready to work together for the common good . The pandemic has caused a drop in global gross domestic product (GDP), which is projected to force another 420 million people into extreme poverty.
While it is first and foremost a health crisis, the pandemic has also led to an education crisis, an employment and economic crisis, a crisis of hunger and poverty and, in some countries, a crisis of governance and political stability.
It is critical that no country be allowed to hoard the essential tools needed to end the coronavirus pandemic — we know this is just the beginning, with billions more in funding needed this year alone.
Pandemics affect the whole of humanity, which is why global institutions and governments must work together to ensure at-risk communities and health workers are prioritized as these tools become available.
By pooling our resources and funding in support of this essential work, the world will overcome this challenge together.
Learn more about how Global Citizen tracks and implements impact and accountability here.
🚨🚨 #GlobalGoalUnite & 🇪🇺 @EU_Commission have mobilized Over $1.5B USD in Cash Grants and $5.4B in Loans and Guarantees for a total of $6.9B Pledged for COVID-19 Relief.— Global Citizen Impact (@GlblCtznImpact) June 27, 2020
⭕️Together we are #UnitedAgainstCoronavirus#GlobalGoalUnitepic.twitter.com/qwjv3KxXsD