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G-20 launched access to COVID-19 Tools Accelerator” Initiative

G-20 launched access to COVID-19 Tools Accelerator” Initiative

The Saudi G20 Presidency has welcome the launch of “Access to COVID-19 Tools (ACT) Accelerator”, a landmark, global and timely collaboration for the accelerated development, production and equitable access to new COVID-19 tools.

Daily Current Affairs Quiz 2020

Key-Points

ACT Accelerator initiative provides a global platform for action to enhance connections and leverage interdependencies for collective partnership. It also enhance problem-solving, mobilizing and guiding investments, and driving equitable access for new COVID-19 diagnostics, therapeutics, and vaccines.

The process will help “speed up and harmonize” the development, production, and equitable distribution of vaccines, diagnostics, and therapeutics for COVID-19.

The initiative will ensure all people have access to all the tools to defeat COVID-19.

The ACT Accelerator ensures to bring together the combined power of several organizations to work with speed and scale.

The initiative has been launched based on the experience that during H1N1 Swine Flu in 2009, the distribution of vaccines was not equitable.

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