Jeffrey D. Sachs

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One for All: An Action Plan for Financing Global Vaccination and Sustainable Growth

Overview

The ravages of the Covid-19 pandemic are well known. Defeating and reversing them will require an immedi- ate burst of revitalized multilateralism and creativity operationalizing the financing tools and institutions readily at hand. We must act swiftly to achieve a global vaccination rate of up to 70 percent by the end of 2022. Delay threatens us all as new variants emerge which could cause rolling outbreaks result- ing in further economic shutdowns. This proposed plan imposes relatively little cost to donor nations in the short-term, and will deliver significant economic returns in the long-term.

Just as the entire world shared the spread and pain of Covid-19, we must now share in orchestrating an end to the pandemic and a transition to a recovery that is just, equitable, sustainable and lasting. The pandemic cannot be contained, and the rebuilding fully begun, until the virus is halted in every country.

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