Supporters of the Advance Market Commitment (AMC) for vaccines had much to toast this month as five countries--Britain, Canada, Italy, Norway and Russia--put forward $1.5 billion to support the first AMC for pneumococcal disease, the leading cause of childhood pneumonia deaths, and the second leading cause of childhood meningitis deaths worldwide.
CGD Policy Blogs
The G7 Finance Ministers announced today that they would work with others on developing a pilot Advance Market Commitment for a vaccine next year.
The finance ministers met in London this weekend to consider a report from Italian Finance Minister Guilio Tremonti. This report recommended that the G-7 adopt a plan that is based on proposals made in April by the Working Group convened by the Center for Global Development (CGD), in the report Making Markets for Vaccines.
Here are some moments from this morning's launch of Making Markets for Vaccines that touched me personally.
We have decided to launch the report of the Center for Global Development Working Group, "Making Markets for Vaccines", on World Health Day, April 7th 2005.
We've been lucky to get some great speakers for the event. The line-up so far includes: