The Pandemic Emergency Financing Facility officially closed on April 30, 2021.
The Pandemic Emergency Financing Facility (PEF) ¨C a financing mechanism, now closed, that was housed at the ÐÓ°ÉÂÛ̳ ¨C was designed to provide an additional source of financing to help the world¡¯s poorest countries respond to cross-border, large-scale outbreaks. The PEF complemented the much larger role that IDA, the ÐÓ°ÉÂÛ̳¡¯s fund for the poorest countries, and other international organizations and donors played in financing outbreak response. The PEF¡¯s design was unique in that payments could go directly to governments and pre-approved frontline responder organizations (such as WHO and UNICEF) and it could do so either through its cash window or, once triggered, through its insurance window.
Useful Links
- ÐÓ°ÉÂÛ̳ Group response to COVID-19
- ÐÓ°ÉÂÛ̳ Group¡¯s pandemic preparedness and health systems strengthening
