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How to Design a Pandemic Preparedness and Response Fund

This month, G20 finance ministers and central bank governors will be discussing a new financing vehicle to help all countries develop the capacity to stop future health emergencies before they get out of hand. But success ultimately will depend on whether they can embrace new governance principles and methods.

WASHINGTON, DC – With over two-thirds of the African continent still unvaccinated against COVID-19, it is clear that the global pandemic preparedness and response (PPR) regime remains seriously underfunded and lacking in resilient, effective delivery systems. While the World Health Organization’s Access to COVID-19 Tools Accelerator (ACT-A) has helped to address the gross inequity in access to testing, treatments, and vaccines, it lacks the financial backing needed to support low-income countries comprehensively.