Pandemic Fund allocates $418 million in second round of grants to strengthen pandemic preparedness in 50 countries

Closing its second round of funding, the Pandemic Fund Board announced a US$418 million grant aimed at strengthening pandemic prevention, preparedness and response (PPR) capacity in 40 countries across six geographic regions. Approved new grants.
These grants will provide much-needed investments to strengthen disease surveillance and early warning systems, upgrade laboratories, and develop health workforces.
This latest allocation is in line with the 100 million yen approved on September 19 for five emergency projects to support 10 countries affected by the mpox Public Health Emergency of International Concern (PHEIC). This is in addition to the $28.89 million, bringing the total funding awarded in the second round to $547. This will mobilize an additional US$4 billion for PPR investment in benefiting countries.
More than 50% of the funding awarded in the second round is for sub-Saharan African countries, the region with the highest demand for Pandemic Fund grants.
More than 74% of funded projects benefit low-income and lower-middle income countries. These new investments advance the Pandemic Fund’s objective of mobilizing additional dedicated resources for the Pandemic PPR and encouraging countries to increase investment and strengthen collaboration.
“With this new round of investment, the Pandemic Fund once again demonstrates its important role in mobilizing additional resources and fostering international cooperation to make the world safer from pandemics,” said Pandemic Fund co-chair and former Indonesian Minister of Finance Chatib Basri said. , and Rwandan Minister of Health Sabin Nsanzimana.
“We are confident that the Pandemic Fund’s Technical Advisory Committee and Board of Directors will ensure that the selection process is inclusive and transparent, and that the selected projects are quality balanced and responsive to critical country needs. We commend the efforts that have ensured that the country’s investment portfolios are restructured, and we urge world leaders to continue to help more countries rebuild their capital and make other important preparations. We have set up a Pandemic Fund to help fill the gap. ” they pointed out.
The Pandemic Fund’s two previous funding rounds reached US$885 million, mobilizing an additional US$6 billion to support 75 countries, half of which are low- and middle-income countries.
These funds will fill capacity gaps for pandemic prevention, preparedness, and response.

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