Sunday, July 09, 2006

AMC mention in July 10 Pre Summit Statement by G8 Finance Ministers

by James Packard Love
This is the mention of the Advance Market Commitments for vaccines in the July 10 pre-summit statement by G8 Finance Ministers:

"We thank the World Bank and GAVI for their technical work on Advance Market Commitments for vaccines and look forward to a successful launch of the AMC pilot project by the end of this year."

http://www.fin.gc.ca/activty/g7/g8100606_e.html

June 10, 2006 Pre Summit Statement by G8 Finance Ministers

We met and discussed today a number of global economic issues in preparation for the annual Summit of G8 Heads of State and Government in St. Petersburg. We also had productive discussions with colleagues from Australia, Brazil, the People's Republic of China, India, the Republic of Korea and Nigeria.

[snip]

5. We re-iterate that the risk of an avian flu pandemic requires preparation through facilitating cooperation across countries in drafting contingency plans, including for the financial sector. We appreciate the work undertaken by the IMF in promoting the common elements of business continuity planning and encourage further efforts in helping countries elaborate their own plans. We take note of the progress on innovative financing mechanisms. We thank the World Bank and GAVI for their technical work on Advance Market Commitments for vaccines and look forward to a successful launch of the AMC pilot project by the end of this year. We also call for mobilization of additional support to close the financing gap for polio eradication activities.

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