Breakdown of the pledges made at the Global Goal Summit

Breakdown of the pledges made at the Global Goal Summit

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The ‘Global Goal: Unite for our Future’ Summit brought an additional €6.15 billion of funding under the Coronavirus Global Response, bringing the total pledged under the initiative since 4 May to almost €16 billion.

‘Team Europe’ contributed significantly to the success of the pledging summit – the European Commission, EU Member States, the European Investment Bank, as well as the Croatian Presidency of the EU.

President of the European Commission Ursula von der Leyen offered strong support for The Summit as the campaign’s co-chair and patron, “The world will only be freed from this pandemic when vaccines, tests and treatments are available and affordable to everyone who needs them. Team Europe’s pledge of €4.9 billion brings us closer to this global goal. Europe is in this for the long haul. We will use all of our convening power for the common good. There is a strong alliance out there to beat this virus, together.”

World leaders, including: Angela Merkel, Chancellor of the Federal Republic of Germany; Emmanuel Macron, President of France; Boris Johnson, Prime Minister of the United Kingdom; Cyril Ramaphosa, President of South Africa and others, along with foundations and philanthropists, joined the European Union (EU) in a rallying call for an investment of billions towards the development and equitable distribution of COVID-19 tests, treatments and vaccines. In the spirit of collaboration and solidarity, government leaders have shown their support for Global Goal Unite: For Our Future by pledging new grants, and policy commitments.

The political and financial pledges made are broken down as follow:

  • Government commitments
  • Other Nation-States
  • Philanthropic commitments
  • Corporate commitments

Original source: European Commission
Published on 27 June 2020