The World Bank's pandemic fund has raised around $1.6 billion in total so far, much less than the $10-billion annual funding gap for pandemic preparedness.
LONDON, United Kingdom – More than 100 low- and middle-income countries have put in early bids for at least $5.5 billion from a fund that initially has only $300 million to spend to help them better prepare for pandemics.
The fund has $300 million available for its first round of financing, and in February received 650 early expressions of interest from countries, regional bodies, and global health organizations for the money.
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