Dozens of institutional investors push for ‘fair and equitable’ Covid-19 response
Nearly 150 institutional investors that oversee combined assets worth more than $14 trillion have issued a joint call for a “fair and equitable” global response to the Covid-19 pandemic, and they intend to huddle with health care companies to make progress on that goal.
The investors are eyeing three efforts, starting with greater financing for the ACT Accelerator partnership, a World Health Organization program dedicated to developing, producing and ensuring equitable access to Covid-19 vaccines, therapies and diagnostics. Despite new funding pledges by G7 countries last week, the program still faces a $20 billion funding gap.