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13min chapter
How to Shape a Market
Statecraft
Funding Innovation Through Advanced Market Commitments
This chapter examines advanced market commitments (AMC) as a strategic funding mechanism for innovation, especially in vaccine development and climate solutions. It outlines the history and evolution of AMCs, their application in global health initiatives like malaria and pneumococcal disease, and their importance in creating a conducive environment for innovation amidst uncertainty. The discussion highlights the collaborative efforts and strategic decisions involved in transitioning focus towards enhancing vaccine efficacy for low-income countries.
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Discover
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