It's time to SHARE

May 4, 2021
It’s a big news day. BIO is proposing a program to help get COVID-19 vaccines and therapeutics to patients who need them most—wherever they are in the world—as well as a plan for helping farmers take advantage of carbon credits. (794 words, 3 minutes, 58 seconds)
BIO

It’s a big news day. BIO is proposing a program to help get COVID-19 vaccines and therapeutics to patients who need them most—wherever they are in the world—as well as a plan for helping farmers take advantage of carbon credits. (794 words, 3 minutes, 58 seconds)

 

It’s time to SHARE

 
 

The worsening COVID crisis in India, Brazil, and elsewhere has intensified the need for all interested global parties to urgently step-up efforts to get vaccines and therapeutics to patients who need them most, wherever in the world they may live. BIO is proposing the establishment of a program to do just that. 

We need to establish a COVID Global Strategy for Harnessing Access Reaching Everyone (SHARE) Program, said BIO President and CEO Dr. Michelle McMurry-Heath in a letter to President Biden yesterday

The SHARE Program would consist of three parts:

  1. Ensuring sufficient global supply of vaccines. Governments must adopt policies that facilitate and expedite the export of key raw materials and manufacturing supplies and identify supply chain bottlenecks, while manufacturers must increase output.
  1. Ensuring safe and expeditious global access to vaccines and therapeutics. The United States and other governments with significant domestic supply must pledge to donate meaningful quantities of supplies, vaccines, and resources to health care systems as well as allow export of COVID-19 vaccines from American facilities. Recipient countries should adopt policies to accept and adopt regulatory approvals in countries of origin. 
  1. Ongoing efforts to strengthen and support health care systems in low- and middle-income countries addressing COVID. In particular, the U.S. government should examine opportunities to implement broader initiatives that leverage the learnings of the President’s Emergency Plan for AIDS Relief (PEPFAR).

BIO’s letter explains in greater detail how all of this might work—read it here.

What’s important to note: vaccine manufacturers are already sharing and providing aid. Pfizer is donating $70 million in COVID-19 medicines to India, “the largest humanitarian relief effort in [the] company’s history,” while Moderna will donate 500 million doses to COVAX—and these are just two examples among many from biopharmaceutical manufacturers large and small. 

What we DON’T need:weakened IP protections in the form of the TRIPS waiver, which could result in supply and capacity problems and harm U.S. workers and the innovation needed to end this pandemic.

Read: The Washington Post Editorial Board says a patent-free “people’s vaccine” is not the best way to help poor countries

 

More Health Care News: 

The New York Times: FDA to authorize Pfizer vaccine for adolescents 12-15 years old by early next week
“The clearance, in the form of an amendment to the existing emergency use authorization for the Pfizer vaccine, could come as early as late this week.”

UN News: Latest deadly Ebola virus outbreak in DR Congo declared over
“With nearly 60 experts on the ground, WHO helped local workers to trace contacts as soon as the outbreak was declared, providing treatment, engaging communities, and vaccinating nearly 2,000 people at high risk, including over 500 frontline workers.”

 
 
 
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How to build a carbon bank that helps farmers and the planet

 
 

The Food and Agriculture Climate Alliance (FACA), a coalition of farm and conservation groups including BIO, is calling for the creation of a USDA-run climate bank to test projects to help farmers take advantage of carbon credits. 

We need to establish pilot projects to advance the development of a carbon bank,say FACA’s recommendations released yesterday. The group also suggests information gained from the pilots should be used by USDA to work with Congress to create a foundation for a carbon bank contingent upon raising the borrowing limit of the USDA’s Commodity Credit Corp. (CCC) to finance the bank. 

A USDA carbon bank would make it easier for farmers to benefit from undertaking climate smart agriculture and forestry practicessuch as carbon sequestration, enhancing animal feed with enzymes, microbes to reduce emissions from livestock, precision plant breeding, and more.

How it would work: When farmers reduce carbon with methods like the above, they would earn credits they could sell to producers who exceed their carbon-emissions cap.

But the USDA carbon bank must: gain the confidence of farmers and carbon credit purchasers, include small farms and minority producers, and involve a range of federal agencies, says FACA.

And the pilot projects should: scale solutions; increase access to improved genetics; remove barriers to adoption;  improve carbon accounting; and ensure equality.

FACA’s suggestion to fund the carbon bank with USDA’s CCC faces some Republican opposition—but Agriculture Secretary Tom Vilsack and Robert Bonnie, President Biden’s nominee for USDA undersecretary for farm production and conservation programs, support the idea of the bank and pilot projects, reports Agri-Pulse

BIO has long advocated for incentivizing payments for ecosystem services, including its support for the Growing Climate Solutions Act and its recommendations to the House Committee on Agriculture—as well as in our work to advance clean fuels legislation in New Mexico and Washington State. BIO joined the Steering Committee of FACA in February.

Read all of FACA’s policy recommendations. 

 
 
 
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President Biden’s Tuesday: Delivering remarks on the COVID-19 response and the vaccination program at 2:30 PM ET. 

What’s Happening on Capitol Hill: At 11:30 AM ET, we’re watching the House Energy & Commerce Subcommittee on Health hearing, Negotiating a Better Deal: Legislation to Lower the Cost of Prescription Drugs, which will cover a number of bills including H.R. 3. Expect a recap tomorrow.

 
 
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