WHO Eyes $50 Billion Endowment Fund to Fill Looming US Gap

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The World Health Organization wants to establish a $50 billion endowment fund in a bid to diversify the global health agency’s finances, which have been threatened by the looming exit of the US.

The “early-stage” idea could generate $1.5 billion to $2.5 billion annually to add to contributions from member states and the WHO Foundation, WHO Director General Tedros Adhanom Ghebreyesus said Wednesday in a call with journalists.