How many developing countries will receive World Bank vaccine financing?

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Approximately 40 developing countries will receive World Bank vaccine financing by the end of April.

By the end of April, the World Bank Group plans to commit US$2 billion in financing specifically for Covid-19 vaccines across roughly 40 developing nations. This funding is a component of a broader US$12 billion initiative by the World Bank aimed at supporting vaccine development, distribution, and production within low- and middle-income countries.
Initial Financing Commitment

The World Bank Group has earmarked US$2 billion to be committed by the close of April. This financial support is designated for the procurement and deployment of Covid-19 vaccines in approximately 40 developing countries.
Broader Vaccine Initiative

This US$2 billion commitment is part of a larger US$12 billion pool of funds made available by the World Bank. The overarching goal of this larger sum is to facilitate vaccine development, distribution, and production efforts in low- and middle-income economies.
Projected Expansion of Commitments

Looking ahead, the World Bank anticipates an expansion of its financial commitments. By the middle of the year, the institution expects to increase its vaccine financing to US$4 billion, extending support to an additional 10 countries, bringing the total to 50 nations.

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How many developing countries will receive World Bank vaccine financing?

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