Tuesday, January 26, 2021

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Vaccine nationalism could cost global economy $9 trillion, ICC report says



Issued on: 25/01/2021 - 

By: Kate MOODY

The risk of vaccine nationalism is a moral quandary that could also have huge economic consequences. A new report from the International Chamber of Commerce says unequal distribution of the Covid-19 vaccine could cost the global economy $9 trillion, with wealthy countries having to shoulder half the cost.

 John Denton, Secretary General of the ICC, tells FRANCE 24 that supporting equitable distribution of vaccines is not an act of charity; "it's absolutely economic common sense".

>> Covid-19: Melinda Gates warns against 'vaccine nationalism'



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