Pandemic Response Report Card: Italy

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… since Prime Minister Mario Draghi said "Successful vaccination campaigns and coordinated action from governments and central banks have allowed the global economy to rebound."

What’s next?

Leading the G20 summit in Rome last year, Prime Minister Mario Draghi underlined the necessity for multilateralism to end the pandemic. The summit saw important progress, with a global commitment to support the economic recovery of low-income countries and to meet vaccine targets. But the summit fell short on establishing concrete, time-bound plans to deliver promised vaccines and financing. Alongside many other G7 countries, Italy also pledged to recycle 20% of its Special Drawing Rights allocation to low-income countries, an important step in financing a global economic recovery.

However, Italy only delivered 51.7 million of the 45 million doses it committed to share in 2021. In 2021 Italy committed only $493 million of the requested $890 million contribution to the Access to COVID-19 Tools Accelerator (ACT-A). Italy can do better in 2022 and contribute with its fair share of $666 million to ACT-A.