COVID-19 Vaccine Market Dashboard

COVID-19 Vaccine Market Dashboard

Question: On 21 December 2020; the COVID-19 Vaccine Market Dashboard has been launched by-
a) WHO
b) UNICEF
c) USA
d) UNESCO
Answer: (b)
Related Facts:

  • On 21 December 2020; UNICEF has launched the COVID-19 Vaccine Market Dashboard.
  • It an interactive tool to help track the developments in the rapidly evolving Covid-19 vaccine market.
  • It will work as the designated procurement coordinator and procurement agent for COVAX.
  • It will also monitor the efforts of the COVAX Facility to ensure fair and equitable access for every country in the world.
  • In this first release, the dashboard provides a regularly updated overview about-
  • The global research and development pipeline.
  • The projected production capacity.
  • Publicly announced bilateral and multilateral supply agreements, as well as reported price points.
  • Once the ongoing joint UNICEF-PAHO tender on behalf of the COVAX Facility is complete, the dashboard will be expanded to provide visibility on progress towards the goal of the COVAX Facility to secure 2 billion vaccine doses by the end of 2021.
  • In 2021, the dashboard will provide an update on the status of procurement by UNICEF and other buyers participating in the COVAX Facility.
  • It will also track the status of deliveries by UNICEF and other participating national and institutional buyers.
  • The COVID-19 Vaccine Market Dashboard is a testament to UNICEF’s firm commitment to transparency, recognizing that the free flow of information and correcting information asymmetries is critical to underpin efficient markets.

ABOUT COVAX

  • COVAX is one of three pillars of the Access to COVID-19 Tools (ACT) Accelerator.
  • It was launched in April 2020; by the World Health Organization (WHO), the European Commission and France in response to this pandemic.
  • COVAX Brought together governments, global health organisations, manufacturers and scientists etc.
  • The aim of COVAX is providing innovative and equitable access to COVID-19 diagnostics, treatments and vaccines.
  • It is the only truly global solution to this pandemic because it is the only effort to ensure that people in all corners of the world will get access to COVID-19 vaccines once they are available, regardless of their wealth.

By – Rajesh Tripathi

Link:-
https://www.unicef.org/press-releases/unicef-launches-covid-19-vaccine-market-dashboard