Donations to be managed by COVAX
The world's richest nations will donate 1 billion Covid-19 vaccines to poorer countries, by the end of 2022.
The United States will buy 500 million Pfizer vaccines for lower-income countries.
The UK will donate more than 100 million doses.
Currently it's unclear It's unclear how many doses will be donated by other members, but G7 leaders are expected to agree to provide a combined 1 billion doses.
US President Joe Biden says they have to step up:
Chief Executive of UNICEF, Peter Power, notes the donations will be managed by Covax, a worldwide initiative aimed at equitable access to Covid-19 vaccine:
The G7 leaders are meeting later this afternoon in Cornwall.
Boris Johnson has told the G7 leaders that lessons must be learned from the coronavirus pandemic.
Other matters to be discussed include climate change and international security.
Opening the summit in Carbis Bay in Cornwall, the British prime minister said G7 economies will start to grow again:
Activist group Avaaz created portraits of G7 leaders on the beach in Newquay, England, to urge the leaders to waive patents on vaccines pic.twitter.com/zDcWKImy05— Reuters (@Reuters) June 11, 2021