With an increased risk of pandemics driven by climate change, migration, fragility and conflicts, the role of the #PandemicFund is proving to be, once again, crucial to support low and middle income countries countries to prevent, prepare for, and respond to pandemics, based on a One Health approach.
The Pandemic Fund has just concluded its second funding round, with US$418 million in new grants designed to bolster pandemic prevention, preparedness, and response capacities in 40 countries across six geographical regions. These grants will provide much-needed investments to strengthen disease surveillance and early warning systems, upgrading laboratories, and building health workforce. Over 50 percent of the funds are for countries in sub-Saharan Africa.
The Pandemic Fund also showed flexibility with the additional, fast-tracked US$128.89 million approved in September to support 10 countries impacted by mpox outbreaks.
The Pandemic Fund’s two rounds of funding to date amount to US$885 million, mobilizing an additional US$6 billion in support of 75 countries, half of which are low- and middle-income countries. Grants from the Pandemic Fund catalyze co-financing from governments and technical expertise from an array of accredited Implementing Entities. The Pandemic Fund’s Governing Board includes equal representation of sovereign contributors and co-investor countries, as well as representatives from foundations/non-sovereign contributors and civil society organizations.
#OneHealth
🚨Pandemic Fund Allocates Second Round of Grants to Boost Pandemic Preparedness in 50 Countries
Read the press release: https://lnkd.in/g-NQtupd