Prognosis

Virus Variants Stoke Need for Vaccine Cash, Rockefeller Says

  • IMF should approve $650 billion in additional reserve assets
  • Funding to support developing countries vaccinate populations
Moderna Is Developing Vaccines to Target Covid-19 Variants
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A plan to end the Covid-19 pandemic by speeding up immunizations could be financed through a record asset allocation via the International Monetary Fund, according to the Rockefeller Foundation.

The IMF should approve and swiftly distribute $650 billion in additional reserve assets to help developing economies vaccinate as much as 70% of their populations by the end of next year, the Rockefeller Foundation said in a report Monday.