The Pandemic Fund finances critical investments to strengthen pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with a focus on low- and middle-income countries.
Background
The Pandemic Fund finances critical investments to strengthen pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with a focus on low- and middle-income countries.
The devastating human, economic, and social cost of COVID-19 has highlighted the urgent need for coordinated action to build stronger health systems and mobilize additional resources for pandemic prevention, preparedness, and response. While there are many institutions and financing mechanisms that support pandemic prevention, preparedness, and response activities, none of them is solely focused on it.
The Pandemic Fund brings additional, dedicated resources for pandemic prevention, preparedness, and response to incentivize countries to increase investments, enhance coordination among partners, and serve as a platform for advocacy.
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What we do
The Pandemic Fund provides a dedicated stream of additional, long-term financing to strengthen pandemic prevention, preparedness, and response capabilities and address critical gaps in low- and middle-income countries through investments and technical support at the national, regional, and global levels.
The devastating human, economic, and social cost of COVID-19 has highlighted the urgent need for coordinated action to build stronger health systems and mobilize additional resources for pandemic prevention, preparedness, and response. While there are many institutions and financing mechanisms that support pandemic prevention, preparedness, and response activities, none of them is focused solely on it. This means that spending on other immediate needs can take priority over critical pandemic prevention, preparedness, and response investments some of whose return may only materialize in the future.
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CONTRIBUTORS
The financial volume of The Pandemic Fund depends upon contributions from donors. The Pandemic Fund’s founding financial contributors are: Australia, Canada, China, European Commission, Germany, Indonesia, Italy, Japan, Republic of Korea, New Zealand, Norway, Singapore, Spain, United Arab Emirates, United States, Bill and Melinda Gates Foundation, Rockefeller Foundation, Wellcome Trust. The founding donors, joined by Austria, Denmark, France, India, Netherlands, Saudi Arabia, South Africa, Switzerland and the United Kingdom, have committed over US$1.6 Billion in financial contributions to date. The Pandemic Fund will continue to raise funds for its work.
The Pandemic Fund can receive funding from World Bank member countries or intergovernmental entities and non-governmental entities such as philanthropies and foundations, subject to approval from the World Bank as its Trustee and the Governing Board.
Australia
Austria
Canada
China
Denmark
European Commission
France
Germany
India
Indonesia
Italy
Japan
Netherlands
Republic of Korea
New Zealand
Norway
Saudi Arabia
Singapore
South Africa
Spain
Switzerland
United Arab Emirates
United Kingdom
United States
Bill & Melinda Gates Foundation
The Rockefeller Foundation
Wellcome
Our Portfolio
Grants of US$885M awarded, catalyzing an additional US$6B in co-financing and co-investment, benefiting 75 countries through 47 projects across 6 geographical regions.
- 47 Projects
- 75 Countries
- $885Million Grants Allocated
- $3.7Billion Co-Financing
- $2.4Billion Co-Investment
