We applaud the administration’s leadership on delivering critical investments approved by Congress in December for Gavi, the vaccine alliance, to support equitable vaccine distribution around the globe. With new variants of COVID-19 spreading around the world, we cannot stop this pandemic anywhere until we stop it everywhere. Unequal vaccine distribution will not only prolong the pandemic but could cost the global economy $9 trillion.

Today’s commitments to global health security on the world stage are critical to safeguarding Americans’ health and economic security and we hope this step will galvanize further international action towards our shared global interests of eliminating the virus and addressing its destabilizing impacts around the world. We commend this vital step and urge Congress to continue to prioritize additional and urgently needed global resources that are critical to America’s health and economic recovery.