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The World Well being Group mentioned on Tuesday in Rio de Janeiro that it had raised almost $4 billion {dollars} by way of a brand new financing mechanism it launched in Might.
A number of the cash got here in from pledges made throughout the G20 summit in Rio, serving to the group’s funding wants for the approaching 4 years.
The stakes have risen considerably for the WHO since Donald Trump received the US presidential election earlier this month.
Throughout his first time period in workplace, from 2017 to 2021, the Republican relentlessly attacked the UN well being company over its dealing with of the COVID pandemic particularly, and started withdrawing his nation—historically the WHO’s high donor—from the group.
His successor, present President Joe Biden, renewed ties with the company, however fears abound that Trump may slam the door shut once more.
The Geneva-based group mentioned that pledges acquired from Australia, Indonesia and Spain on the G20 summit in Brazil, mixed with earlier donations and pledges, had yielded $3.8 billion in funding for the subsequent 4 years.
That represents 53 p.c of the $7.1 billion finances shortfall the company faces for the 2025-2028 interval.
Practically a 3rd of the WHO’s funding comes from so-called assessed contributions, the membership charges that every member state pays, primarily based on the dimensions of their economies.
At its creation in 1948, the company relied totally on state contributions.
Nonetheless, through the years, it turned more and more reliant on donations.
On the peak of the COVID-19 pandemic in 2020, the UN well being company created the WHO Basis to marshal new assets from companies and philanthropists.
Two years later, member states agreed to right away enhance the portion of the WHO’s biannual finances coated by membership charges, rising to 50 p.c by 2030-2031.
The group additionally launched final Might a brand new funding spherical geared toward securing as a lot funding as attainable up entrance for its core actions.
Since then the company has attracted dozens of latest donors, together with over a dozen African nations.
© 2024 AFP
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