Prime Minister Boris Johnson has called on countries around the world to come together in a global effort to defeat coronavirus at the Coronavirus Global Response International Pledging Conference held on 4 May,
The British Prime Minister also pledged a further £388 million in UK aid funding for research into vaccines, tests and treatments – part of a larger £744 million UK aid commitment to help end the pandemic and support the global economy, the British High Commission in Colombo said.
This includes £250 million for the Coalition for Epidemic Preparedness Innovations to develop vaccines against coronavirus – the largest donation to the fund. The UK has also committed £40 million to support the Global Therapeutics Accelerator, to develop effective coronavirus treatments as quickly as possible.
In the UK work is progressing at pace on vaccine development. On 30 April, the University of Oxford and AstraZeneca announced a partnership to support large-scale manufacture and potential distribution of a vaccine currently being trialed by the university.
The pledging event kick-started a month-long international investment drive ahead of the UK-hosted Global Vaccine Summit on 4 June.