In response to the escalating global health issues, international leaders have pledged to give the World Health Organization (WHO) at least an additional $170 million.
Leaders at the 78th World Health Assembly in Geneva, where they reiterated their support for multilateral cooperation through contributions to the WHO’s Investment Round (IR), made the pledges at a high-level pledging event on Tuesday.
The Fourteenth General Programme of Work, WHO’s strategy for global health, is raising money to fund its potential saving of 40 million lives over the course of four years. Significant contributions have been made by both government and philanthropic partners as of today’s pledges.
Member states approved raising assessed contributions, adding a separate US $90 million in annual income, and completing another significant step in the direction of sustainable development.
“I’m appreciative of every partner and member state who contributed to the investment round. These funds will aid us in continuing our life-saving work in a challenging environment for global health, according to WHO Director-General Dr. Tedros Adhanom Ghebreyesus. They demonstrate the viability of multilateralism.
The meeting attracted contributions from ELMA Philanthropies (with the WHO Foundation), Fondation Botnar, Laerdal Global Health (with the WHO Foundation), Nippon Foundation, Qatar, China, Gabon, Mongolia, Qatar, Sweden, Switzerland, Tanzania, and Nippon Foundation. The Children’s Investment Fund Foundation made a further US$ 13 million commitment to increase funding.
At least US $170 million is allocated for the Investment Round, which will help to support WHO’s base budget for the years 2025 to 2028. The most important type of funding, which eight donors have received, and four of them have been repeat donors.
Nearly 8000 people from all over the world have signed up as “Member Citizens” through the One World Movement, making almost US $600,000 in donations, many of them monthly. This is a powerful declaration of global solidarity and an affirmation that every voice counts.
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Contributor: A new funding round for WHO investment round
Source: Channels TV
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