COVID-19 Vaccination Costing and Financing
The world has to overcome major inequities in vaccine roll-out to control the pandemic, spark robust global economic recovery, and prevent the emergence of dangerous variants. This article by C19 Economics discusses how less than one-fifth of doses have been administered in low-income countries (LICs) and lower-middle-income countries (LMICs) which represent 47% of the world’s population. To resolve this vaccine inequity, the article hights various tools including the World Heath Organization (WHO) COVID-19 Vaccine Introduction and deployment Costing tool (CVIC).
The CVIC tool provides a structured and comprehensive estimation of incremental operational and selected capital costs of introducing and deploying COVID-19 vaccines, in alignment with the National Deployment and Vaccination Plan (NDVP). This is essential for resource mobilization, budgeting, and delivery strategy refinement and optimization. Countries can customize the priority target populations based on WHO SAGE guidance and select multiple delivery strategies and vaccine products. The tool is available in all six UN working languages (Arabic, Chinese, English, French, Russian and Spanish) and Portuguese.
This Public Financial Management (PFM) Blog describes PFM “stress points” in each phase of the budget cycle that may arise throughout the vaccine roll-out. The article also uses country examples to illustrate possible ways to overcome these barriers.
These resources can all be used to help gain an understanding of the cost of COVID-19 vaccination in your area and how to best finance the rollout. Figuring out how to channel necessary funds towards the vaccine roll-out is as important as determining the cost of the roll-out itself.
WHO Costing, Budgeting, Financing and Delivery of COVID-19 Vaccines
Tuesdays from 12:00 -13:30 CEST
Additionally, The WHO’s Department of Immunization, Vaccines and Biologicals (IVB) and WHO Health Emergency programme (WHE) are partnering with Project ECHO of the University of New Mexico (UNM) to host a series of 15 sessions that align with countries’ immediate and medium-term needs. The sessions objectives are to optimize the use of existing resources and technical assistance through sharing of guidance, tools, resources, learnings, and best practices to support costing, budgeting, and financing of COVID-19 immunization programs.
July 13: How to apply for Gavi CDS Funding through the Partners Platform
July 21: COVID-19 Vaccination: Costing for scale-up
July 28: COVID-19 Vaccination: Costing for scale-up (different time zone)
Aug 25: Financing alone is not enough – planning and executing on the budget.