Established with broad support from the international community in September 2022, and drawing on lessons learned from COVID-19 and past outbreaks, the Pandemic Fund is a first-of-its-kind multilateral financing platform dedicated to investing in critical pandemic prevention, preparedness, and response capacities in low- and middle-income countries.
The Pandemic Fund has moved quickly to deliver financing to where it is most needed, with a strong focus on equity and inclusivity. With seed funding of US$2 billion from 27 contributors, the Fund awarded its first round of grants in 2023 to projects that strengthen capacity, both within and across borders. The second round will be awarded very soon.