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A summit that included a star-studded digital live performance hosted by Dwayne Johnson has raised almost $7 billion in money and mortgage ensures to help the poor across the globe whose lives have been upended by the coronavirus pandemic.
Global Citizen stated its summit with world leaders had raised $1.5 billion to assist COVID-19 efforts in poor nations, together with a promise of 250 million doses of a vaccine for these nations if one is efficiently developed.
The group stated it had secured $5.four billion in loans and ensures from the European Commission and the European Investment Bank to help fragile economies worldwide.
The occasion included a Johnson-hosted live performance with performances by Jennifer Hudson, Miley Cyrus, Coldplay and Chloe x Halle. Cyrus carried out The Beatles’ “Help!” in an empty stadium and Hudson carried out “Where Peaceful Waters Flow” from a ship in Chicago.
“The $6.9 billion that was pledged today to support the world’s poorest and most marginalized communities is an incredible next step on our journey out of the COVID-19 era, but there is more still to be done, as no one is safe until everyone is safe,” Hugh Evans, CEO of Global Citizen, said after the event Saturday.
“As we fight this virus, we also need to take care of the most vulnerable people and address the challenges they’re facing right now,” Canadian Prime Minister Justin Trudeau stated in the course of the occasion.
Speakers additionally included the leaders of New Zealand, El Salvador, Sweden, South Africa and Barbados.
Organizers stated the present was not only a fundraiser, however aimed to attract consciousness to the disproportionate affect the coronavirus pandemic has had on marginalized communities.
French President Emmanuel Macron stated shared motion was wanted to defeat the virus.
“Let’s mobilize, let’s refuse an ‘every man for himself’ approach, let’s continue to move forward together. France and Europe take their responsibility today and will do so tomorrow,” Macron stated.
Worldwide, almost 10 million folks have been reported contaminated by the virus, and almost a half million have died, in response to a tally by Johns Hopkins University. Experts say these figures significantly understate the true toll of the pandemic, attributable to restricted testing and missed delicate instances.
About a dozen potential COVID-19 vaccines are in early levels of testing. While some might transfer into late-stage testing later this 12 months if all goes effectively, it’s unlikely any could be licensed earlier than early subsequent 12 months on the earliest.