ADB launches US$9b Asia Pacific Vaccine Access Facility

The Asian Development Bank (ADB) has launched a US$9 billion vaccine initiative, the Asia Pacific Vaccine Access Facility (APVAX), offering rapid and equitable support to its developing members to procure and deliver effective and safe Covid-19 vaccines.

President Masatsugu Asakawa said ADB’s developing members needed financing to procure vaccines as well as appropriate plans and knowledge to be able to safely, equitably and efficiently manage the vaccination process...