Loading ...The Pandemic Fund Announces Third Round of Funding, Marking Another Milestone in Pandemic Preparedness
The Pandemic Fund’s Governing Board approved a grant envelope of $500 million for its third round of funding to help low- and middle-income countries scale up efforts to build health systems capacity in disease surveillance, diagnostics and laboratory systems, and health workforce—the three critical building blocks to prevent and respond to future pandemics.
To date, the Pandemic Fund has awarded grants totaling US$885 million, that have mobilized an additional US$6 billion in international co-financing and domestic co-investments, benefiting 75 countries across six geographies through investments in surveillance, laboratories and workforce capacity building. In the second round alone, more than 50 percent of the funds awarded went to sub-Saharan Africa, the region with the highest demand for Pandemic Fund support.
Funding and direction from Bill & Melinda Gates Foundation, Rockefeller Foundation, Wellcome Trust