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Australia will give money to a World Health Organisation fund

Australia donates money to a World Health Organization fund to help prevent future pandemics

  • Albanian government will provide money for a new global fund designed to help prevent future pandemics
  • The fund was established by the World Bank and the World Health Organization
  • It will bring key institutions together to address the risks of future pandemics

Australia will provide money as part of a new global fund to help protect countries from future pandemics.

At a virtual G20 meeting, Health Secretary Mark Butler and Treasurer Jim Chalmers said the federal government would contribute to the new financial intermediary fund.

The fund, established by the World Bank and the World Health Organization, will bring together key institutions to help address the risks of future pandemics in the wake of COVID-19.

Albanian government will provide money for a new global fund designed to help prevent future pandemics

Albanian government will provide money for a new global fund designed to help prevent future pandemics

“Few events have had a greater impact than the pandemic on our way of life,” Mr Butler said at the joint meeting of health and finance ministers.

“We have an opportunity to strengthen our collective ability to better prepare for future pandemics.”

Australia’s final contribution to the fund will be determined as part of existing federal funding for development aid abroad.

The new fund aims to address key gaps in prevention, preparedness and response to future pandemics.

dr. Chalmers said Australia was delighted to play its part in the new fund.

“While it has often been said that COVID-19 does not discriminate, we all know that our most vulnerable citizens were most affected by both the health and economic damage of this terrible virus,” he said at the summit.

The fund, established by the World Bank and the World Health Organization, will bring together key institutions to help address the risks of future pandemics in the wake of COVID-19.  Pictured is Dr.  Tedros Adhanom Ghebreyesus, WHO Director General

The fund, established by the World Bank and the World Health Organization, will bring together key institutions to help address the risks of future pandemics in the wake of COVID-19. Pictured is Dr. Tedros Adhanom Ghebreyesus, WHO Director General

“The collective action of the G20 is important, and I urge all members and guests here today to continue to support Indonesia’s leadership in addressing systemic financing gaps for pandemic preparedness and response.”

The treasurer also confirmed that he will attend the G20 finance ministers’ meeting in Bali next month.

Indonesia will chair this year’s G20, while world leaders will also meet in Bali in November for talks.

At the meeting, finance and health ministers discussed coordination arrangements to address gaps in pandemic prevention, and reviewed progress made by the WHO and the World Bank in setting up the fund.

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