US and Germany pledge $721m to the Pandemic Fund, aiming to raise $2bn for low- and middle-income countries.
The US has pledged $667m and Germany $54m to the Pandemic Fund, with the aim of raising at least $2bn to help low- and middle-income countries. The US Treasury Secretary, Janet Yellen, called on all current donors to double their initial pledges and encouraged new donors to pledge funds to reach the $2bn goal. The Pandemic Fund was established in September 2022 to address gaps in pandemic prevention, preparedness, and response capacity.
July 24, 2024
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