APVAX
APVAX or Asia Pacific Vaccine Access Facility is a vaccine initiative by the Asian Development Bank. This 9 billion USD initiative will support developing nations to procure and distribute COVID-19 vaccine to its population. The support is to be in the form of financing, planning and knowledge to make the vaccination process safe, efficient and equitable. More than 14.3 million positive cases of COVID-19 has been reported in Asia- Pacific region leading to the death of over 2 lakh people.