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Advance Market Commitment

Volume 448: debated on Tuesday 11 July 2006

To ask the Chancellor of the Exchequer (1) which G8 countries support the Advance Market Commitment concept; (83988)

(2) which organisations have made representations to his Department (a) in support of and (b) against the Advance Market Commitment concept;

(3) what representations he has (a) made to and (b) received from his G8 counterparts on implementing the pilot Advance Market Commitment confirmed by the Italian Finance Minister at the G8 Finance Ministers' meeting in June;

(4) what progress has been made towards the launch of an Advance Market Commitment pilot project by the end of 2006;

(5) what funds the UK has allocated for the G8 commitment for the launch of an Advance Market Commitment pilot project by the end of 2006; and if he will make a statement.

The UK has been working with other G8 countries on Advance Market Commitments (AMCs), which are feasible, innovative, and cost-effective market-based tools in the fight against global disease and poverty. Working with the World Bank and GAVI, the Global Alliance for Vaccines and Immunization, the G8 have conducted extensive outreach and consultation with stakeholders and experts in the global health community. At their June Meeting in St. Petersburg, G8 Finance Ministers stated that they look forward to a successful launch of the AMC pilot project by the end of this year. The cost of a pilot AMC will be determined following the choice of disease and further technical discussions with partner countries.