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EU pledges $4.9 billion for coronavirus tests, vaccines and Therapies at fundraising concert

EU Commission President Ursula von der Leyen said the EU would pledge $4.9 billion with the European Investment Bank towards coronavirus evaluations, vaccines, and treatments.

The pledge came as international leaders combined forces with a worldwide lineup of artists – like Shakira, Coldplay, and Miley Cyrus – to get a historical occasion on Saturday raising cash in the struggle against COVID-19.

The initiative marked the decision of the Global Goal: Unite For Our upcoming campaign started by the EU along with activist group International Citizen to finance research to get a coronavirus vaccine and help rebuild communities affected by the pandemic” at a fair and only way”.

The concert kicked off at 8 pm CET and has been live-streamed throughout the planet and co-hosted by von der Leyen and Dwayne”The Rock” Johnson.

The concert was preceded by a worldwide pledging summit hosted by Ursula von der Leyen, who thanked on Saturday those who led raising cash for the effort, saying that a $6.15 billion was increased.

The EU-led initiative Coronavirus Global Response has raised nearly $10 billion.

At the start of the occasion, Dwayne Johnson talked out about racism amid protests fuelled by the passing of Dark American George Floyd.

“As we were doing our very best to digest the unprecedented hardships this brand new [corona]virus’d price, we continued to see another continuing disorder that had plagued our term for decades, even centuries: oppression and inequality,” he explained.

“The tragic instance of George Floyd was a flashpoint that shifted so much. Those crushing 8 minutes and 46 seconds affirmed the dreadful systemic racism and civil war we all understand to be within our present reality”.

He had been followed closely by Miley Cyrus, who conducted a rendition of Beatles’ classic”Assist!” In an empty arena.

The International Goal: Unite For Our Future initiative, which was raising money to develop and deploy coronavirus vaccines, evaluations, and therapy, had brought together a number of the planet’s most renowned stars on April 19 for its worldwide live-streamed concert One Earth: Together In-Home.