The EU launched its vaccine procurement strategy in June 2020. By the end of 2021, it had signed €71 billion worth of contracts securing up to 4.6 billion doses. We conclude that the EU secured a diversified vaccine portfolio for Member States, though it started procurement later than the UK and the US. The contracts signed in 2021 have stronger provisions on key issues than those signed in 2020. We found that the Commission had limited leverage to overcome supply challenges and the size of its impact on the ramp-up of vaccine production was unclear. Our recommendations focus on the need to draw lessons learnt and run exercises to test the EU’s updated pandemic preparedness framework.
ECA special report pursuant to Article 287(4), second subparagraph, TFEU.
Special report 19/2022: EU COVID-19 vaccine procurement – Sufficient doses secured after initial challenges, but performance of the process not sufficiently assessed