With the Coronavirus Global Response, the European Union is joining forces with global partners to kick-start a pledging effort, worldwide. On Monday, 4 May, President von der Leyen will host a global online pledging event at 3pm CET.
The initial goal is to reach €7.5 billion worth of pledges. The money collected will help accelerate the development and deployment of universally available and affordable vaccination, treatment and diagnostics. However, €7.5 billion is only the beginning and more will be needed in the future, also to strengthen health systems across the world.
Ahead of the event, European Commission President von der Leyen said: “It is the final countdown for our global pledging marathon. On 4 May, we want to bring the world together to deliver on prevention, diagnostics and treatments against coronavirus. Our objective is to raise money and to launch unprecedented global cooperation between health organisations and all relevant partners. I invite everyone to contribute and join the global response to coronavirus.”
The pledging event is a response to the 24 April 2020 call for action by a number of global health organisations. As of 4 May, the Commission will start registering pledges from countries, international organisations, financial institutions, civil society, private sector and foundations. Citizens can join the Global Response by helping raise awareness or donating to the EU’s partner organisations.
Coronavirus Global Response: EU launches pledging effort (press release of 24 April 2020)