TRIPS Agreement: Vaccines Debate
Full Debate: Read Full DebateLord Hannay of Chiswick
Main Page: Lord Hannay of Chiswick (Crossbench - Life peer)Department Debates - View all Lord Hannay of Chiswick's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 1 month ago)
Lords ChamberI thank my noble friend for the question. All vaccine dose donations will be reported as official development assistance and be included in the 0.5% total. Expenditure for 2021 has been published in the UK Statistics on International Development, and by the OECD Development Assistance Committee. In 2021, we donated 30.8 million doses of AstraZeneca, which we reported at cost in line with the DAC guidance.
My Lords, what are the Government doing to prepare for when the next global pandemic comes along, to make sure that there is better and more equitable distribution of vaccines to developing countries? If this is such a wonderful agreement, why were we the last people to accept it?
The noble Lord makes a very good point, of course. The best answer to future vaccine development is achieved by preserving the intellectual property system. It is a good, consensus-based agreement that all member states can go along with, and a good agreement for vaccine manufacturers and developing countries.