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G-20 Unveils Global Pandemic Fund to Avoid Repeat of Covid-19

  • Funds will be used to help countries prevent future pandemics
  • Fundraising now at $1.4 billion, with more donations expected

The Group of 20 nations has raised $1.4 billion for a global pandemic health fund to help avoid a repeat of the Covid-19 outbreak that killed over 6.6 million people and crippled the world economy. 

The World Bank will manage the fund to help low- and middle-income countries prevent and address future pandemics, drawing commitments from more than 20 country donors, the Bill & Melinda Gates Foundation and the Rockefeller Foundation, among others. More pledges are expected.