The US shunned the pledging campaign Money was raised from global leaders and other institutions BRUSSELS: A global campaign to fund the development of vaccines and therapies against COVID-19 has so far raised $10.4 billion, the head of the European Commission said on Tuesday. “Great result, reaching 1st milestone of GlobalResponse pledging marathon led by EU Commission,” Ursula von der Leyen said on Twitter. Great result, reaching 1st milestone of #GlobalResponse pledging marathon led by @EU_Commission. Since 4 May, govs, institutions, foundations & individuals have donated €9.5 billion to fight #coronavirus. A world living up to solidarity! Stay tuned, more will follow on Thursday. — Ursula von der Leyen #UnitedAgainstCoronavirus (@vonderleyen) May 26, 2020 The pledging campaign, which the United States shunned, raised $8 billion from global leaders and other institutions on May 4, when it was launched.