MANILA, Dec 13 (Bernama): The Asian Development Bank (ADB), situated in the Philippines, has launched a US$9 billion COVID-19 vaccine initiative - the Asia Pacific Vaccine Access Facility (APVAX), offering rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus disease vaccines.
ADB President Masatsugu Asakawa said as ADB’s developing members prepare to vaccinate their people as soon as possible, they need financing to procure vaccines as well as appropriate plans and knowledge to be able to safely, equitably, and efficiently manage the vaccination process.