World Bank announces new funding initiative for pandemic prevention

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The financial institution added that over US$1.4 billion in financial commitments have already been announced by donors.

that will finance investments to strengthen pandemic prevention, preparedness, and response at the national, regional, and global levels.

In his comment, the World Bank Group President, David Malpass, said: “COVID-19 has highlighted the pressing need for action to build stronger health systems. The statement read in parts: “The FIF’s Governing Board includes equal representation of sovereign donors and potential implementing country governments , as well as representatives from foundations and civil society organizations .

“FIF financing could help strengthen and sustain PPR capacity in areas such as zoonotic disease surveillance; laboratories; emergency communication, coordination and management; critical health workforce capacities; and community engagement.”

 

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