The G20 Presidency of Indonesia, in partnership with the Pandemic Fund secretariat, officially launched the Pandemic Fund on the margins of the G20 Joint Finance and Health Ministers’ Meeting on November 13, 2022.
About the Pandemic Fund
- The Pandemic Fund is intended to strengthen the capacity of low- and middle-income countries to mitigate the risks of future global health threats.
- It will provide a dedicated stream of long-term financing for PPR (Pandemic Prevention, Preparedness and Response: PPR) and address critical gaps through investments and technical support at the national, regional, and global levels.
- The Pandemic Fund is also expected to incentivize countries to prioritize this agenda and increase their own efforts.
- Developed with Indonesia’s and Italy’s leadership during their respective G20 presidencies, the Pandemic Fund has US$1.4 billion in seed funding already committed by 24 donors.
- The World Bank and WHO engaged with a wide range of stakeholders including partner countries, civil society organizations (CSOs), and potential implementing entities to create the Pandemic Fund.
