The pledging summit, part of a joint initiative by the EU executive and advocacy group Global Citizen, also included a globally televised and streamed fundraising concert featuring Miley Cyrus, Justin Bieber, Shakira, Chloe X Halle, Usher and others.
The Commission together with the European Investment Bank pledged 4.9 billion euros ($5.50 billion), the United States $545 million, Germany 383 million euros, Canada C$300 million ($219 million)and Qatar $10 million. Forty governments took part in the summit.
The money will be used for COVID-19 tests, treatments and vaccines, and also to support the world’s poorest and most marginalised communities.
Commission President Ursula von der Leyen said it was crucial that everyone who needed it should have access to a vaccine.
“I am trying to convince high-income countries to reserve vaccines not only for themselves but also for low- and middle income countries. This is a stress test for solidarity,” she said.