(4 years, 4 months ago)
Lords ChamberMy Lords, with the new Foreign, Commonwealth and Development Office we will be able to maximise both our development and our diplomatic muscle, so I very much hope that the new merger will mean that we are able to do more in this area.
My Lords, whatever the eventual outcome, we must assist countries that are poorer than ours. However, I am concerned that we should not be caught on the back foot if the contingency for which we are now planning—the discovery of an effective vaccine—is not forthcoming. We need contingency plans to deal with the situation either where there is no vaccine or where the vaccine that is discovered has a very short viable life. Is the laudable effort being put into pursuing economic fairness between countries preventing the development of these contingency plans?
My noble friend is right to highlight that. Of course, we do not know whether a vaccine will be found or, if it is, how effective it will be. We are taking a comprehensive approach, making sure that we invest also in globally accessible treatments and tests. We have provided up to £40 million to the COVID-19 Therapeutics Accelerator and up to £23 million to the Foundation for Innovative New Diagnostics to develop and deliver new Covid-19 tests.